Aarti Drugs Announces Board Changes and Re-appointments

Aarti Drugs Ltd has announced significant changes in its board and management following its 41st Annual General Meeting (AGM) held on September 26, 2026. Shri Uday Moreshwar Patil has ceased to be a Whole-time Director, not seeking re-appointment. Shri Nilesh Bhalchandra Patil has been appointed as a Director and Whole-time Director. Shri Adhish Prakash Patil will join as Director and Managing Director from October 1, 2026. Several key personnel, including Shri Harshit Manilal Savla (Joint Managing Director), Shri Harit Pragji Shah (Whole-time Director), and Independent Directors Shri Hasmukh Bhavanji Dedhia, Shri Sandeep Madhusudan Joshi, and Shri Ajit Eledath Venugopalan, have been re-appointed for varying terms. The company confirmed that none of the individuals are debarred from directorship and that independent directors meet the required criteria.