NSEPress Release9 Oct 2026 · 9 Oct 2026, 02:14 pm
Press Release
Aaron Industries Limited · AARON
✦ AI Summary▲ Positivebusiness_update
Aaron Industries Limited has informed the Exchange regarding a press release dated October 09, 2026, titled 'EVOQ360 Home Lift business update as on September 30, 2026'. The Company continues to witness encouraging market acceptance and customer interest in its home lift solutions, supported by growing engagement with channel partners and prospective customers.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Aaron Industries Limited has informed the Exchange regarding a press release dated October 09, 2026, titled "EVOQ360 Home Lift business update as on September 30, 2026".
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AARON_09102026141401_PR_EVOQ360_HomeLifts_Business_Update_30092026.pdf
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October 09, 2026
Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai - 400051
Symbol: AARON
Subject: Press Release
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”), a copy of the Press Release is enclosed herewith
titled “EVOQ360 Home Lift business update as on September 30, 2026.”
The above information will also be hosted on the website of the Company i.e.
www.aaronindustries.net.
This is for your information and records.
Thanking You.
Yours faithfully,
For Aaron Industries Limited
Nitinkumar Maniya
Company Secretary and Compliance Officer
Encl: As above
Press Release
“EVOQ360 HOME LIFT BUSINESS UPDATE AS ON SEPTEMBER 30, 2026”
Surat, October 09, 2026: Aaron Industries Limited (NSE:AARON), is pleased to share an update on
the business progress of its innovative EVOQ360 Home Lift product as of September 30, 2026. The
Company continues to witness encouraging market acceptance and customer interest in its home lift
solutions, supported by growing engagement with channel partners and prospective customers.
Key Business Highlights
• Confirmed Advance Orders: As of September 30, 2026, a total of 18 parties have placed
confirmed advance orders for approximately 60 units of EVOQ360 Home Lifts, reflecting
encouraging market acceptance and customer interest.
• Phase Wise Dispatch Schedule: The Company plans to dispatch the units against these confirmed
advance orders in a phased manner up to December 2026, subject to site readiness and other
customer-specific installation requirements.
• Growing Distribution Network: The Company has onboarded 5 distributors up to the September
2026 quarter, strengthening its distribution network and expanding its market reach. The Company
is also actively engaging with additional prospective distributors, with several opportunities in the
pipeline.
• Dispatched During Q2FY2026-27: During the second quarter of FY 2026-27, the Company
dispatched 19 units of EVOQ360 Home Lifts, marking further progress in the commercialisation of
its home lift business.
• Potential Business Opportunities: The Company continues to engage with prospective customers
and channel partners to expand the reach of EVOQ360 Home Lifts and build a sustainable order
pipeline.
Management Perspective
The Company believes that the encouraging response to EVOQ360 Home Lifts reflects growing
customer interest in innovative home mobility solutions. With an expanding distributor network,
confirmed advance orders and ongoing engagement with prospective customers, the Company
remains focused on strengthening its market presence and developing the EVOQ360 business.
The Company will continue to focus on expanding its distribution network, improving customer
outreach and executing confirmed orders in line with customer site readiness.
The above information reflects the business position as of September 30, 2026, and is intended to
provide stakeholders with an update on the progress of the EVOQ360 Home Lift business.
About Aaron Industries Limited
Aaron Industries Limited is a trusted name in the elevator industry, offering a comprehensive range of
high-quality elevator products, components, EVOQ360 Home Lifts, and stainless steel polishing
services. The Company specializes in end-to-end elevator solutions, designing and manufacturing
elevator cabins, automatic door systems, and cabin safety frames that seamlessly blend functionality
with artistic elegance for residential and commercial projects. To enhance its supply chain efficiency
and ensure in-house quality control, Aaron Industries established a state-of-the-art stainless steel
sheet polishing division, which plays a key role in its backward integration strategy by providing polished
stainless steel for elevator doors and cabins. With a strong commitment to innovation, quality, and
customer satisfaction, the Company continues to expand its footprint across India, solidifying its
position as a leader in elevator solutions and stainless steel processing.
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For more details, please visit www.aaronindustries.net.
For any Investor related query, please contact our IR team:
Finportal Investments Private Limited
Email: ir@finportalin.com / ir@aaronindustries.net
M.No.: +91 89051 81853, +91 80006 85556
Safe Harbour Statement
This press release contains certain forward-looking statements based on current expectations and
market conditions. Such forward-looking statements are subject to certain risks and uncertainties like
regulatory changes, local political or economic developments, and many other factors that could cause
our actual results to differ materially from those contemplated by the relevant forward-looking
statements. Further, past performance is not necessarily indicative of future results. Given these risks,
uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these
forward-looking statements. The Company will not be in any way responsible for any action taken based
on such statements and undertakes no obligation to publicly update these forward-looking statements
to reflect subsequent events or circumstances.
*****
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