StockWatch
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Specialty Chemicals
Board Meeting22 Aug 2026, 06:10 pm

Aarti Surfactants Board Approves Director Re-appointments

AI Summary

Aarti Surfactants Ltd announced outcomes from its Board Meeting held on August 22, 2026. Key decisions included the re-appointment of Mr. Nikhil P. Desai as CEO & Managing Director and Mr. Santosh M. Kakade as Executive Director, both for five-year terms effective August 20, 2027, subject to shareholder approval. The board also approved the appointment of Prof. Vandana B. Patravale as an Additional Director (Non-Executive Independent) for five years from August 22, 2026. Additionally, Mrs. Kanika Rathore's designation was changed from Vice President – Business & Operations to President – Business & Operations. The company also proposed an alteration to its Main Object Clause in the Memorandum of Association, pending shareholder consent.

Key Highlights

  • CEO & MD re-appointed for 5 years, effective Aug 20, 2027.
  • Executive Director re-appointed for 5 years, effective Aug 20, 2027.
  • New Independent Director appointed for 5 years, effective Aug 22, 2026.
  • Designation change for Mrs. Kanika Rathore approved.
  • Alteration of Memorandum of Association main object clause proposed.