Aarti Surfactants Limited has informed the Exchange about change in Management
AARTISURF · price
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At the 7th Annual General Meeting held on September 23, 2025, shareholders of Aarti Surfactants approved two board appointments effective October 1, 2025. Mr. Parimal H. Desai (age 75), a chemical engineer with nearly five decades of industry experience, has been appointed as a Non-Executive Director; he is a Promoter of the company and the father of CEO & Managing Director Mr. Nikhil P. Desai. Mrs. Nisha B. Shah, a Chartered Accountant and CFA (Level II) with over 22 years of experience in private equity, venture capital, and family office advisory (currently Partner at AUM Ventures), has been appointed as an Independent Director for a three-year term. Additionally, M/s. Parikh & Associates, Practicing Company Secretaries, has been appointed as Secretarial Auditor for a five-year term effective April 1, 2025.
The appointments reinforce promoter family representation on the board while also adding an experienced finance professional as an Independent Director, which may strengthen governance and investor confidence. The new Secretarial Auditor brings a reputed firm with experience auditing top listed entities, supporting compliance credibility.