NSEPress Release30 Jul 2026 · 30 Jul 2026, 07:31 pm
Press Release
Aarti Industries Limited · AARTIIND
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Aarti Industries Limited has announced a leadership transition, with Suyog Kotecha appointed as Managing Director & CEO, and promoter directors transitioning to Non-Executive leadership roles.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern4/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Aarti Industries Limited has informed the Exchange regarding Press Release titled "Aarti Industries announces leadership transition to further strengthen governance and long term growth".
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July 30, 2026
To, To,
Listing/Compliance Department Listing/Compliance Department
BSE LTD. National Stock Exchange of
Phiroze Jeejeebhoy Towers, India Limited
Dalal Street, “Exchange Plaza”, Plot No. C/1,
Mumbai – 400 001. G Block Bandra-Kurla Complex,
Bandra (E), Mumbai – 400 051.
BSE CODE : 524208 NSE Symbol : AARTIIND
Dear Sir/Madam,
Sub.: Press Release
Ref.: Regulation 30 of the SEBI (LODR) Regulations,
2015.
Please find enclosed the Press Release titled “Aarti Industries Announces Leadership
Transition to Further Strengthen Governance and Long-Term Growth”.
Kindly take the same on record.
Thanking You,
Yours faithfully,
FOR AARTI INDUSTRIES LIMITED
RAJ SARRAF
COMPANY SECRETARY
ICSI M. NO. A15526
Encl.: As above.
Aarti Industries Announces Leadership Transition to Further
Strengthen Governance and Long-Term Growth
Board approves appointment of Suyog Kotecha as Managing Director & CEO; Promoter Directors
to continue providing strategic oversight through Board Leadership roles effective October 1, 2026
Mumbai, July 30, 2026: Aarti Industries Limited (AIL), one of India’s leading global
speciality chemical companies, today announced an important leadership transition that
reflects the Company’s continued evolution as an institution with professionally led
executive management while preserving the entrepreneurial vision and values that have
guided its journey for over four decades.
The Board of Directors has approved the appointment of Mr Suyog Kotecha, currently
Chief Executive Officer and Executive Director, as Managing Director and Chief Executive
Officer of the Company with effect from October 1, 2026, subject to shareholders’
approval.
The Board has also approved the transition of the Company’s promoter Executive
Directors to Non-Executive leadership roles, further strengthening Aarti Industries’
governance framework while ensuring continuity of strategic oversight. This transition will
come into effect from October 1, 2026, as per below:
Promoter Director Current Executive Position New position
wef October 1, 2026
Mr. Rajendra Gogri Chairman & Managing Director Non-Executive Chairman
Mr. Rashesh Gogri Vice-Chairman & Managing Director Non-Executive Vice Chairman
Mr. Renil Gogri Vice-Chairman & Executive Director Non-Executive Vice Chairman
The leadership transition is the outcome of the Company’s long-term succession planning
and reflects its commitment to institutional leadership, robust governance and sustainable
value creation. It represents the next phase in Aarti Industries’ evolution, in which
executive management will lead the Company’s day-to-day operations while continuing
to benefit from the strategic guidance, deep industry knowledge, and entrepreneurial
legacy of its promoter leadership.
Since joining Aarti Industries as Chief Executive Officer in June 2024, Mr Suyog Kotecha
has worked closely with the Board and the leadership team to strengthen strategic
execution, deepen customer engagement, strengthen organisational capabilities and
reinforce the Company’s long-term growth agenda. Based on his leadership and
contribution, the Board has unanimously expressed its confidence in his ability to lead
Aarti Industries through its next phase of growth.
Mr Rajendra Gogri, Chairman and Managing Director, said:
“For over four decades, Aarti Industries has been built on strong values, technological
excellence and enduring customer relationships. This leadership transition reflects our
belief in strengthening the institution through planned succession, robust governance and
empowered leadership. Over the past two years, Suyog has earned the confidence of the
Board through his leadership, strategic perspectives and commitment to the company’s
values. We are confident that he will lead the Company with the same spirit of excellence,
responsibility and customer focus that has defined AIL for over four decades.”
Mr Rashesh Gogri, Managing Director and Vice-Chairman, said:
"This strategic transition represents the natural progression of Aarti Industries' legacy.
Throughout our history, we have established a robust enterprise by prioritising our people,
enhancing technical capabilities, and fostering enduring customer partnerships within a
culture of excellence. Our dedication to the Company's long-term success remains
steadfast, and we are eager to provide strategic oversight to Suyog and the executive
management as they leverage our solid foundation to navigate Aarti Industries through
its forthcoming growth phase."
Mr Renil Gogri, Executive Director and Vice-Chairman, said:
“Aarti Industries has always believed in thinking beyond the present and investing in the
future. As we enter this new phase, we remain committed to building a global organisation
driven by innovation, guided by purpose and focused on creating enduring value for our
customers, shareholders, employees and community.”
Mr Suyog Kotecha, CEO & Managing Director-designate, said:
“I am honoured by the trust and confidence reposed in me by the Board and promoter
leadership. Aarti Industries has built an exceptional legacy through its people, customer
partnerships, technology leadership and unwavering commitment to responsible growth.
Together with our Board, leadership team and employees, we will continue to strengthen
our global competitiveness, deepen customer relationships and create sustainable long-
term value for all our stakeholders.”
The Board expressed its appreciation to the promoter leadership for their enduring
contribution in building AIL into one of India’s leading global speciality chemical
companies and welcomed their continued guidance in their Non-Executive Board roles.
The leadership transition does not alter the Company’s long-term strategic direction. The
Company remains committed to disciplined execution, customer-centric innovation,
operational excellence and sustainable growth, while continuing to strengthen its position
as a trusted global partner of choice in speciality chemicals.
As Aarti Industries enters this next phase of its journey, the Company remains firmly
anchored in the values that have shaped its legacy - Care, Integrity, and Excellence, while
continuing to create enduring value for all shareholders.
About AIL
Aarti Industries Limited (AIL) is one of the world's leading speciality chemical companies,
combining process chemistry with scale-up engineering competence. The Company
ranks globally 1st–4th position for 75% of its portfolio and is a “Partner of Choice” for
various major global and domestic customers. At the heart of AIL’s operations is a strong
commitment to sustainable development, integrating environmental stewardship with
innovation-led growth.
Website - www.aarti-industries.com/
LinkedIn - https://www.linkedin.com/company/aarti-industries/
For more information, please contact:
Media Relations:
Puja Raina Mahaldar
Corporate Communications
puja.raina@aarti-industries.com