Aarti Industries Limited (AIL), one of India’s leading global specialty chemical companies, has announced a strategic leadership transition aimed at further strengthening its governance framework and supporting the company’s long-term growth ambitions. The Board of Directors has approved the appointment of Suyog Kotecha, currently Chief Executive Officer and Executive Director, as Managing Director and Chief Executive Officer of the company, effective October 1, 2026, subject to shareholder approval.
As part of the transition, the company’s promoter Executive Directors will move into Non-Executive Board leadership roles from October 1, 2026. This planned succession reflects Aarti Industries’ continued evolution toward professionally led executive management while preserving the entrepreneurial vision, industry expertise, and strategic guidance of its founding leadership.
The leadership transition is the result of a structured succession planning process focused on institutional governance, continuity, and sustainable value creation. Under the new framework, executive management will continue to lead the company’s daily operations, supported by the strategic oversight and extensive experience of promoter leadership through their Board roles.
Since joining Aarti Industries as Chief Executive Officer in June 2024, Suyog Kotecha has worked closely with the Board and leadership team to enhance strategic execution, strengthen organizational capabilities, expand customer engagement, and support the company’s growth roadmap. The Board has expressed confidence in his ability to guide Aarti Industries through its next phase of expansion.
Rajendra Gogri, Chairman and Managing Director of Aarti Industries, said, “Aarti Industries has been built over four decades on strong values, technological capability, and trusted customer relationships. This leadership transition represents our commitment to planned succession, strong governance, and empowered leadership. Suyog has demonstrated strategic vision, leadership capability, and alignment with the company’s values, and we are confident in his ability to lead the organization forward.”
Rashesh Gogri, Managing Director and Vice Chairman, said the transition represents the natural progression of the company’s legacy. He added that promoter leadership will continue to provide strategic guidance while supporting the executive team in leveraging Aarti Industries’ strong foundation for future growth. Renil Gogri, Executive Director and Vice Chairman, emphasized the company’s continued focus on innovation, responsible growth, and long-term value creation for stakeholders.
Suyog Kotecha, CEO and Managing Director-designate, said, “I am grateful for the confidence placed in me by the Board and promoter leadership. Aarti Industries has built a strong global reputation through its people, customer partnerships, technology expertise, and commitment to excellence. Together with our teams, we will continue strengthening competitiveness and creating sustainable value for all stakeholders.”
Aarti Industries Limited is one of India’s leading manufacturers of specialty chemicals and pharmaceuticals, serving a diverse range of industries including agrochemicals, pharmaceuticals, polymers, dyes and pigments, and rubber chemicals. The company has integrated manufacturing capabilities spanning basic chemicals, intermediates and specialty products, supported by a strong focus on research and development, process innovation and sustainability. With a presence across domestic and international markets, Aarti Industries continues to expand its product portfolio and strengthen its position in high-value chemical segments.
