StockWatch
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Residential- Commercial Projects
Management Change29 Sept 2026, 06:30 pm

Antariksh Industries Appoints New Directors, CFO Resigns

AI Summary

Antariksh Industries Limited announced significant changes in its board and key management personnel following a board meeting on September 29, 2026. The company accepted the resignation of its Chief Financial Officer, Mr. Ankur Vasudevbhai Patel, and several Non-Executive and Independent Directors. These changes are attributed to a transfer of shareholding and consequent cessation of control by existing promoters. Concurrently, the company appointed Mr. Tushar Pramod Kudalkar as Whole Time Director and Mr. Umesh Arvindbhai Bhadreswara as Executive Director, both designated as Whole Time Key Managerial Personnel for five years. Additionally, Mr. Parimal Rajendrabhai Joshi, Mr. Pranab Mahendra Shah, and Mr. Soumya Ranjan Kanhu Charan Pradhan were appointed as Additional Directors (Non-Executive, Independent) for five-year terms.

Key Highlights

  • Company accepted resignation of CFO, Mr. Ankur Vasudevbhai Patel.
  • Several Non-Executive and Independent Directors also resigned.
  • New Executive Directors appointed for five-year terms.
  • Three Non-Executive Independent Directors appointed for five-year terms.
  • Changes follow shareholding transfer and promoter control cessation.