BSEAntariksh Industries LtdMediumNeutral
Announced Tue, 4 Nov · 19:05 IST

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") - Resignation of Company Secretary ("CS") of M/s. ....

Ceo ResignedCfo ResignedCeo Appointed ExternalMultiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Antariksh Industries Ltd has undergone a sweeping change in its leadership following a change of control, triggered by a Share Purchase Agreement dated July 3, 2025, under which existing promoters transferred their stake to Mrs. Gitaben Nitinbhai Patel. As a result, Managing Director Bhagwanji Narsi Patel, Executive Director and CFO Utkarsh Goyal, two Independent Directors (Manish Chandak and Sandhya Karanjavkar), and Company Secretary Ravi Dinesh Kothari have all resigned with effect from the close of business on November 4, 2025. In their place, the company has appointed Ekta Shyamlal Haryani as the new Managing Director (a 24-year finance veteran), Ankur Vasudevbhai Patel as CFO, Namrata Sureshkumar Jain as Company Secretary, and three new Independent Directors along with one Non-Executive Director, effective November 4-5, 2025. Additionally, R S Rajpurohit & Co. has been appointed as the Secretarial Auditor for FY 2025-26.

Likely market impact

This is a near-complete leadership overhaul driven by a takeover-style change of control, which typically signals a potential shift in business strategy and direction. Shareholders should monitor upcoming disclosures from the new management for clarity on future plans, while near-term stock movement may be driven by sentiment around the new promoter group.