
Antariksh Industries Sees Multiple Director Resignations and Appointments
Antariksh Industries Limited announced significant changes in its board and key management personnel. The company's Board of Directors, in a meeting held on September 29, 2026, accepted the resignations of Mr. Nilesh Hasmukhbhai Kothari (Non-Executive, Non Independent Director) and Mr. Ankur Vasudevbhai Patel (Chief Financial Officer). Additionally, three Independent Directors, Mr. Hardikkumar Dhirubhai Jetani, Mr. Jigar Nemichand Jain, and Mr. Harinarayan Ramanand Tripathi, also resigned. These changes are attributed to the transfer of shareholding of existing Promoters and Promoter Group to Mr. Alpit Pravinchandra Gor and Riddhi Infocom Solutions LLP. Concurrently, the company appointed Mr. Tushar Pramod Kudalkar and Mr. Umesh Arvindbhai Bhadreswara as Additional Directors under the executive category, both designated as Whole Time Key Managerial Personnel. Furthermore, Mr. Parimal Rajendrabhai Joshi, Mr. Pranab Mahendra Shah, and Mr. Soumya Ranjan Kanhu Charan Pradhan were appointed as Additional Directors under the Non-Executive, Independent Director category.
Key Highlights
- Multiple Non-Executive and Independent Directors have resigned from the board.
- Chief Financial Officer also resigned due to promoter shareholding changes.
- New Executive Directors appointed as Whole Time KMP.
- Several new Non-Executive Independent Directors have been appointed.
- Changes follow a share purchase agreement and cessation of promoter control.
Price Impact
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