Management Change29 Sept 2026, 06:10 pm
Antariksh Industries CFO Resigns Amidst Management Control Change
AI Summary
Antariksh Industries Limited announced the resignation of its Chief Financial Officer, Mr. Ankur Vasudevbhai Patel, effective September 29, 2026. This resignation, along with that of several directors, is attributed to a change in management control resulting from the transfer of shareholding from existing promoters to Mr. Alpit Pravinchandra Gor and Riddhi Infocom Solutions LLP, as per a Share Purchase Agreement dated June 26, 2026. The company also appointed new directors, including an Executive Director and Whole Time Key Managerial Personnel, and Non-Executive Independent Directors.
Key Highlights
- CFO Ankur Vasudevbhai Patel resigns effective September 29, 2026.
- Resignation follows a change in management control due to shareholding transfer.
- Several directors also resigned; new directors appointed.
- New appointments include Executive Director and Independent Directors.
Price Impact
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