
Management Change30 Oct 2026, 05:21 pm
Aadi Industries Appoints New CFO, Accepts Resignation
AI Summary
Aadi Industries Ltd announced a change in its Chief Financial Officer (CFO) role. The Board of Directors, at a meeting held on October 30, 2026, approved the appointment of Mr. Siddharth Mahicha as the new CFO, effective the same date. Concurrently, the Board accepted the resignation of Mr. Tejas Sampat from his positions as Whole-Time Director and CFO, also effective October 30, 2026. Mr. Sampat cited pursuing other career opportunities as the reason for his resignation and confirmed no other material reasons exist. Mr. Mahicha brings 12 years of experience in finance, holding a Bachelor of Commerce degree and specializing in financial management, accounting, taxation, and regulatory compliance.
Key Highlights
- Siddharth Mahicha appointed as new Chief Financial Officer.
- Tejas Sampat resigns as Whole-Time Director and CFO.
- Changes effective October 30, 2026.
- New CFO has 12 years of financial experience.
- Resignation due to pursuing other career opportunities.
Price Impact
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