Aarti Industries Ltd (AIL), a speciality chemicals company, has announced a leadership transition as part of its long-term succession plan, appointing its current Chief Executive Officer and Executive Director Suyog Kotecha as Managing Director & CEO with effect from October 1, 2026.
The board has also redesignated the current Chairman & Managing Director as Non-Executive Chairman, while the Vice Chairman & Managing Director and Executive Director have been elevated as Non-Executive Vice Chairmen.
Succession plan
The company said the transition reflects its commitment to institutional leadership, robust governance and sustainable value creation.
It marks the next phase in Aarti Industries’ evolution, where executive management will oversee day-to-day operations while continuing to benefit from the strategic guidance, industry expertise and entrepreneurial legacy of the promoter leadership.
Leadership transition
Since joining Aarti Industries as CEO in June 2024, Kotecha has worked with the board and senior leadership to strengthen strategic execution, deepen customer engagement, enhance organisational capabilities and reinforce the company’s long-term growth agenda.
The board said it has unanimously expressed confidence in Kotecha’s ability to lead the company through its next phase of growth.
Management comment
“This leadership transition reflects our belief in strengthening the institution through planned succession, robust governance and empowered leadership,” said Aarti Industries Chairman & Managing Director Rajendra Gogri.
“This strategic transition represents the natural progression of Aarti Industries’ legacy,” said Aarti Industries Managing Director & Vice Chairman Rashesh Gogri.
“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,” said Aarti Industries Managing Director & CEO-designate Suyog Kotecha.
Growth strategy
The company said the leadership transition does not alter its long-term strategic direction and it will continue to focus on disciplined execution, customer-centric innovation, operational excellence and sustainable growth while strengthening its position as a global speciality chemicals partner.