Management Change22 Aug 2026, 06:20 pm
Aarti Surfactants Reappoints CEO & MD, Appoints New Director
AI Summary
Aarti Surfactants Ltd announced key management changes following a Board of Directors meeting on August 22, 2026. Mr. Nikhil P. Desai was re-appointed as CEO & Managing Director for five years from August 20, 2027. Mr. Santosh M. Kakade was re-appointed as Executive Director for five years from August 20, 2027. Prof. Vandana B. Patravale was appointed as an Additional Director (Non-Executive Independent) for five years from August 22, 2026. The company also approved an alteration to its Memorandum of Association's Main Object Clause and a change in designation for Mrs. Kanika Rathore. All appointments are subject to shareholder approval at the upcoming AGM.
Key Highlights
- Nikhil P. Desai reappointed CEO & MD for 5 years.
- Santosh M. Kakade reappointed Executive Director for 5 years.
- Prof. Vandana B. Patravale appointed Non-Executive Independent Director.
- Main Object Clause of MOA to be altered.
- Shareholder approval required for key appointments and MOA change.
Price Impact
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