Arvind Limited announced today that its material subsidiary, Arvind Advanced Materials Limited (AAML), has appointed Mr. Nilesh Hirapara as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This appointment is effective from November 6, 2026. Mr. Hirapara brings extensive experience in finance, treasury management, M&A, and business analysis to the role. His appointment was approved by the Board of Directors of AAML.
| Particulars | Detail |
| Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise | Appointment of Mr. Nilesh Hirapara as the Chief Financial Officer (CFO) of AAML |
| Date of appointment / re-appointment/ cessation (as applicable) & term of appointment/ re-appointment | Appointed with effect from November 6, 2026, on such remuneration and terms as mutually agreed and approved by the Board of Directors. |
| Brief profile (in case of appointment) | Mr. Nilesh Hirapara is a qualified Chartered Accountant. He has been associated with the Group since 2023 as a CFO of The Anup Engineering Limited. Prior to this role, he spent nearly a decade in senior finance positions at AIA Engineering Limited. He brings extensive experience across Finance & Accounts, Treasury Management, M&A, MIS and Business Analysis, Internal Audit, Regulatory Compliance, Legal affairs, and SAP Implementation. |
| Disclosure of relationships between directors (in case of appointment of a director) | Not applicable |
Source: BSE
