Outcome for the Board meeting held on Today i.e. March 24, 2026
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Ardi Alliances Ltd (formerly Ardi Investment and Trading Co Ltd) announced three board changes from its March 24, 2026 meeting. Mr. Suraj Thakor was appointed as Executive Director for a 5-year term starting March 24, 2026; he holds a graduation degree with about 3 years of experience in business development. Mr. Karan Vidhyutbhai Purani resigned as Executive Director effective March 25, 2026, citing other professional opportunities. Ms. Nidhi Kumari Prajapat also resigned as Independent Director effective March 25, 2026, for the same stated reason. The board meeting was brief, running only 15 minutes from 6:45 PM to 7:00 PM.
This is a routine board reshuffle with one executive director out, one executive director in, and one independent director exit. Shareholders should note that two directors are leaving within a day of each other, though both cited personal professional reasons and confirmed no other material issues. The changes still need shareholder approval at a general meeting for the new appointment to be confirmed.