Aarti Industries announced significant changes to its Directorate, effective October 1, 2026. Shri Rajendra V. Gogri and Shri Rashesh C. Gogri will transition to Non-Executive Director roles, with Shri Rajendra V. Gogri continuing as Chairman. Concurrently, Shri Suyog Kotecha, the current Chief Executive Officer, will assume the additional role of Managing Director, subject to shareholder approval. This transition aims to establish a structured, future-ready governance model with professional leadership managing operations.
Leadership Transition at Aarti Industries
Aarti Industries Limited is set to implement a notable shift in its leadership structure, with key changes to its Directorate scheduled to take effect on October 1, 2026. The announcement follows recommendations from the Nomination and Remuneration Committee (NRC) and formal approval by the Board of Directors.
Promoter Directors Move to Non-Executive Roles
Shri Rajendra V. Gogri and Shri Rashesh C. Gogri, who have been serving as Executive Directors and Managing Directors, will transition to Non-Executive Director roles. Shri Rajendra V. Gogri will continue to serve as the Chairman of the Company, while Shri Rashesh C. Gogri will act as a Non-Executive Director and Vice-Chairman. Shri Renil R. Gogri will also continue as a Non-Executive Director and Vice-Chairman.
These transitions are part of a broader strategy to move the Promoter Directors into strategic oversight roles, allowing for professional management to drive day-to-day operations.
Suyog Kotecha Appointed Managing Director
In conjunction with these changes, Shri Suyog Kotecha, the existing Chief Executive Officer (CEO) and Executive Director, has been recommended to assume the additional responsibility of Managing Director. This appointment is effective from October 1, 2026, and is subject to the necessary shareholder approvals.
The company cited Shri Kotecha’s demonstrated exceptional leadership and strategic vision as key factors for this expanded role, highlighting his capability to lead the Company into its next phase of growth. He will continue to hold his position as CEO and Executive Director.
Rationale for Changes
The rationale behind these transitions is to implement a structured and future-ready governance model by placing the reins of management firmly in the hands of professional leadership. The Board of Directors expressed confidence that these changes align with the company’s commitment to strategic oversight from the Board, while operational leadership is strengthened.
Directorate Changes Effective October 1, 2026
- Shri Rajendra V. Gogri (DIN: 00061003): Continues as Non-Executive Director and Chairman.
- Shri Rashesh C. Gogri (DIN: 00066291): Continues as Non-Executive Director and Vice-Chairman.
- Shri Renil R. Gogri (DIN: 01582147): Continues as Non-Executive Director and Vice-Chairman.
- Shri Suyog Kotecha (DIN: 10634964): Assumes the additional role of Managing Director, alongside his current CEO and Executive Director positions.
Source: BSE
