Antariksh Industries Board Sees Director Resignations and Appointments

Antariksh Industries Limited announced significant changes to its Board of Directors and Key Managerial Personnel (KMP) following a board meeting on September 29, 2026. The company accepted the resignations of Non-Executive Directors Mr. Nilesh Hasmukhbhai Kothari and Chief Financial Officer Mr. Ankur Vasudevbhai Patel. Additionally, Independent Directors Mr. Hardikkumar Dhirubhai Jetani, Mr. Jigar Nemichand Jain, and Mr. Harinarayan Ramanand Tripathi have also resigned. These changes are attributed to a transfer of shareholding and consequent cessation of control by existing promoters. The Board has appointed Mr. Tushar Pramod Kudalkar and Mr. Umesh Arvindbhai Bhadreswara as Additional Directors under the executive category, designated as Whole Time Director and Executive Director respectively, for five-year terms. Furthermore, Mr. Parimal Rajendrabhai Joshi, Mr. Pranab Mahendra Shah, and Mr. Soumya Ranjan Kanhu Charan Pradhan have been appointed as Additional Directors under the Non-Executive, Independent Director category for five-year terms.