Disclosure under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") - Change in Directorate, KMP and Appointment of ....
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Antariksh Industries underwent a complete board overhaul on November 4, 2025 following a change of control via a Share Purchase Agreement dated July 3, 2025, transferring promoter shareholding to Mrs. Gitaben Nitinbhai Patel. Managing Director Bhagwanji Narsi Patel and Executive Director/CFO Utkarsh Goyal resigned due to the change in control. Two independent directors (Manish Chandak and Sandhya Karanjavkar) and Company Secretary Ravi Dinesh Kothari also stepped down citing personal commitments. New appointees effective November 4–5, 2025 include Mrs. Ekta Shyamlal Haryani as Managing Director (5-year term), Mr. Nilesh Kothari as Non-Executive Non-Independent Director, and three new Independent Directors (Hardikkumar Jetani, Harinarayan Tripathi, Jigar Jain). Mr. Ankur Vasudevbhai Patel was named the new CFO and Ms. Namrata Sureshkumar Jain the new Company Secretary. M/s R S Rajpurohit & Co. was also appointed as Secretarial Auditor for FY 2025-26. All appointments of directors are subject to shareholder approval.
This is a significant leadership transition triggered by a change in controlling shareholder, meaning a new promoter family is taking charge of the company. Shareholders should watch for the new management's strategic direction and business plan. The reshuffle is procedural for a control change, but the stock may see volatility until the new MD and board settle in. No financial figures were disclosed in this filing.