Aarti Surfactants Ltd

Aarti Surfactants Ltd announced that its members have approved the alteration of the Main Object Clause of the Memorandum of Association (MOA) at the 8th Annual General Meeting (AGM) held on September 29, 2026. The alteration involves substituting the existing Clause 3A with a new clause that broadens the company's business scope. This includes manufacturing, processing, and dealing in a wide array of chemicals, pharmaceuticals, surfactants, specialty chemicals, and allied products, both domestically and internationally. The company will submit the altered MOA to the appropriate regulatory authorities for approval and has made the information available on its website. The decision was based on the Scrutinizer's report dated September 30, 2026.

Aarti Surfactants Ltd announced changes in its management following its 8th Annual General Meeting (AGM). The company's members approved the re-appointment of Mr. Nikhil P. Desai as CEO & Managing Director for a five-year term effective August 20, 2027. Additionally, Mr. Santosh M. Kakade was re-appointed as Whole-time Director (Executive Director) for a similar five-year term starting August 20, 2027. The AGM also saw the appointment of Prof. Vandana B. Patravale as an Independent Director for a five-year term effective August 22, 2026. All individuals confirmed not to be debarred from holding directorships.

Aarti Surfactants Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the financial results for the quarter and half-year ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code on insider trading.

Aarti Surfactants Ltd and its CEO & MD, Mr. Nikhil Desai, have received an order from the Commissioner of Customs (NS-I), JNCH, Nhava Sheva. The order re-classifies imported goods, leading to a confiscation of goods valued at Rs. 2,30,34,882/- with a redemption fine of Rs. 25,00,000/-. Additionally, differential duties of Rs. 11,10,373/- and Rs. 1,42,87,031/- along with interest have been demanded. The company also faces a penalty of Rs. 1,53,97,404/-, and Mr. Desai a penalty of Rs. 20,00,000/-. The company has appropriated Rs. 2,25,31,731/- already paid. While the aggregate financial impact is not expected to be material, the company plans to appeal the order. The total demand, fine, and penalty amount to approximately Rs. 1.81 crore plus interest and penalties on Mr. Desai.

Mrs. Nisha B. Shah has resigned as a Non-Executive Independent Director of Aarti Surfactants Ltd, effective September 11, 2026. The resignation is attributed to additional time commitments that prevent her from dedicating sufficient time to her role. She confirmed there are no other material reasons for her departure and did not hold directorships in any other listed entities.

Aarti Surfactants Ltd has announced its Annual Report for FY 2025-2026, along with the Notice of its 8th Annual General Meeting (AGM). The AGM is scheduled for Tuesday, September 29, 2026, at 4:00 p.m. (IST) and will be conducted entirely through Video Conferencing (VC) / Other Audio Visual Means (OAVM), without physical presence. The report and notice are being sent electronically to shareholders with registered email addresses, and letters with web links are being sent to others. The Annual Report is also available on the company's website.

Aarti Surfactants Ltd has announced its 8th Annual General Meeting (AGM) will be held on September 29, 2026. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM) without a physical venue. The notice, along with the Annual Report for FY 2025-2026, is being disseminated electronically to shareholders whose email addresses are registered. For shareholders without registered emails, letters with a web link to the Annual Report are being sent. The Annual Report is also available on the company's website. The AGM notice is issued in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Aarti Surfactants Ltd has announced the record date for its final dividend for the fiscal year 2025-2026. The Board of Directors had previously recommended a dividend of 10%, amounting to Re. 1/- per equity share of face value Rs. 10/-. The record date is set for Tuesday, September 22, 2026. Shareholders on record as of this date will be eligible to receive the dividend, subject to approval at the Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026. The dividend, if approved, is expected to be paid by Tuesday, October 27, 2026.

Aarti Surfactants Ltd has announced the incorporation of its wholly-owned overseas subsidiary, Precision Ingredients USA Inc., in the State of Wyoming, United States of America. The incorporation, effective August 27, 2026, aims to facilitate the marketing, import, export, and trading of surfactants, speciality chemicals, and allied products, aligning with the parent company's business. The subsidiary was established with a cash consideration of $10,000 for 10,000 shares at a par value of $1.0000 each, representing 100% shareholding by Aarti Surfactants Limited. No specific governmental or regulatory approvals were required for this incorporation.

Aarti Surfactants Limited announced the grant of 9,000 stock options to eligible employees under its ESOP 2024 plan. The options have an exercise price of Rs. 10 per share and will vest in two equal annual tranches over two years. These options are exercisable within three years from the vesting date and are in compliance with SEBI regulations. This move aims to incentivize and retain key employees by aligning their interests with the company's performance.