
Management Change30 Oct 2026, 05:30 pm
Aadi Industries: CFO Appointment, Whole-Time Director Resignation
AI Summary
Aadi Industries Ltd announced key management changes following a Board of Directors meeting held on October 30, 2026. Mr. Siddharth Mahicha has been appointed as the new Chief Financial Officer (CFO) effective the same date. Concurrently, Mr. Tejas Sampat has resigned from his positions as Whole-Time Director and CFO, also effective October 30, 2026, citing pursuit of other career opportunities. Mr. Mahicha brings 12 years of experience in finance, holding a B.Com degree and specializing in financial management, accounting, and compliance. The board meeting concluded within a short timeframe, indicating efficient decision-making on these personnel matters.
Key Highlights
- Siddharth Mahicha appointed as new Chief Financial Officer.
- Tejas Sampat resigns as Whole-Time Director and CFO.
- Both changes are effective from October 30, 2026.
- Mr. Mahicha has 12 years of finance experience.
- Resignation due to pursuing other career opportunities.
Price Impact
More from AADIIND