Leadership Transition Overview

Aarti Industries Limited (AIL), a leading global speciality chemicals company, announced a structured leadership transition approved by its Board of Directors. The Board appointed Mr. Suyog Kotecha, who has served as Chief Executive Officer and Executive Director since June 2024, as Managing Director and Chief Executive Officer effective 1 October 2026, subject to shareholder approval. Concurrently, the company’s promoter Executive Directors will move to non‑executive board positions, reinforcing governance while retaining strategic oversight.

Promoter Director Role Changes (effective 1 Oct 2026)

  • Mr. Rajendra Gogri – presently Chairman & Managing Director – will become Non‑Executive Chairman.
  • Mr. Rashesh Gogri – presently Vice‑Chairman & Managing Director – will become Non‑Executive Vice Chairman.
  • Mr. Renil Gogri – presently Vice‑Chairman & Executive Director – will become Non‑Executive Vice Chairman.

The transition is described as the outcome of long‑term succession planning, aimed at institutionalising leadership, enhancing governance standards, and sustaining value creation. The Board expressed unanimous confidence in Mr. Kotecha’s ability to steer AIL through its next growth phase.

Statements from Key Stakeholders

  • Mr. Rajendra Gogri, Chairman & Managing Director, highlighted the company’s four‑decade legacy of technological excellence and customer focus, noting that the transition strengthens the institution through planned succession and robust governance.
  • Mr. Rashesh Gogri, Managing Director & Vice‑Chairman, emphasized the company’s focus on people, technical capabilities, and enduring customer partnerships, and affirmed continued strategic oversight.
  • Mr. Renil Gogri, Executive Director & Vice‑Chairman, reiterated commitment to innovation, purpose‑driven growth, and value creation for all stakeholders.
  • Mr. Suyog Kotecha, CEO & Managing Director‑designate, expressed honour at the Board’s trust and pledged to deepen global competitiveness, customer relationships, and sustainable long‑term value.

Company Outlook

The leadership change does not alter AIL’s long‑term strategic direction. The company remains committed to disciplined execution, customer‑centric innovation, operational excellence, and sustainable growth, continuing its position as a trusted global partner in speciality chemicals. AIL’s portfolio ranks globally 1st‑4th for 75 % of its products, underscoring its market leadership.

Press release issued on 30 July 2026 (released 31 July 2026) by Aarti Industries Limited via PRNewswire.