NSEPress Release2d ago · 11 Aug 2026, 10:00 am
Press Release
Aaron Industries Limited · AARON
✦ AI Summary▲ PositiveExpansion
Aaron Industries Limited has strengthened its Home Lift - EVOQ360 business with pan-India distribution and expanding market reach through new partnerships and distributorships.
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Full Announcement
Aaron Industries Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "Aaron Industries Limited Strengthens Home Lift EVOQ360 Business with Pan-India Distribution and Expanding Market Reach".
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August 11, 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 “Aaron Industries Limited Strengthens Home Lift – EVOQ360 Business with Pan-India
Distribution and Expanding Market Reach.”
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
“Aaron Industries Limited Strengthens Home Lift – EVOQ360 Business with Pan-India
Distribution and Expanding Market Reach”
Surat, August 11, 2026: Aaron Industries Limited (NSE:AARON), a leading manufacturer of
Elevator products and components, Home Lift-EVOQ360, SS Polishing, SS Design and Colour
Sheets, is pleased to announce further developments in its Home Lift – EVOQ360 business,
which continues to witness encouraging market response since its launch.
All-India Distributorship for Components Used in Home Lift – EVOQ360
During the recent visit to China by the Company’s representatives, discussions were held with
a well-known component manufacturer regarding the Home Lift – EVOQ360. Following these
discussions, the Company has been appointed as the All-India Distributor for components
used in the Home Lift – EVOQ360. The appointment is expected to further strengthen the
Company's distribution network and presence in the growing home lift segment.
Growing Market Response for Home Lift – EVOQ360
Since the launch of Home Lift – EVOQ360, we have successfully executed more than 25
projects across India through our customers. The product has received encouraging
responses from customers and business partners across various regions. The Company is
witnessing a continued increase in enquiries and demand for EVOQ360, indicating growing
market acceptance and interest in home lift solutions across different regions of the country.
Expanding Territory-Wise Distributorships /Partnerships
The encouraging market response to Home Lift – EVOQ360 has also resulted in interest from
various parties across different territories seeking exclusive distributorships/partnerships
for the product. The Company is currently in discussions with potential partners/parties across
various regions of India and expects to finalize certain strategic territory-wise partnerships in
the coming days/months. These partnerships are expected to further expand the Company's
market reach and support the growth of its Home Lift – EVOQ360 business.
The Company remains focused on expanding its product portfolio, strengthening its
distribution network and capitalizing on emerging opportunities in the home lift and elevator
solutions segment.
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, Home Lift-EVOQ360, 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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