BSEAntariksh Industries LtdMediumNeutral
Announced Tue, 4 Nov · 19:17 IST

Disclosure under Regulation 30 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")-Appointment of Secretarial Auditor of M/s. Antariksh ....

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

On November 4, 2025, Antariksh Industries Ltd underwent a sweeping board and management overhaul triggered by a change of control. Existing promoters transferred their shareholding to Mrs. Gitaben Nitinbhai Patel under a Share Purchase Agreement dated July 3, 2025. As a result, Managing Director Mr. Bhagwanji Narsi Patel, Executive Director and CFO Mr. Utkarsh Goyal, two Independent Directors (Mr. Manish Chandak and Mrs. Sandhya Karanjavkar), and Company Secretary Mr. Ravi Dinesh Kothari all resigned. The Board immediately appointed Mrs. Ekta Shyamlal Haryani (ex-Bandhan MF, Motilal Oswal AMC, HDFC AMC) as the new Managing Director for five years, along with one Non-Executive Non-Independent Director and three new Independent Directors. Mr. Ankur Vasudevbhai Patel took over as CFO and Ms. Namrata Sureshkumar Jain as Company Secretary, both effective November 5, 2025. M/s. R S Rajpurohit & Co. was also reappointed as Secretarial Auditor for FY25-26.

Likely market impact

This is a complete change-of-control event at the board and KMP level – investors should track how the new management, led by MD Ekta Haryani from a financial services background, steers the company's strategy. Stock may see volatility as new promoter (Mrs. Gitaben Nitinbhai Patel) takes charge of a small-cap company with a freshly constituted board.