Aarti Surfactants Limited (ASL), a leading manufacturer of specialty surfactants, held its 7th Annual General Meeting (AGM) on September 23, 2025, where shareholders approved several key appointments and financial matters. The meeting, conducted through video conferencing, marked significant changes in the company's leadership and audit structure.

New Board Appointments

The AGM saw the approval of two notable appointments to the company's board:

1. Mr. Parimal H. Desai was appointed as a Non-Executive Director, effective October 1, 2025. With nearly five decades of experience in the chemical industry, Desai brings a wealth of knowledge to the board. He holds a bachelor's degree in chemical engineering from UDCT Mumbai and is the father of the company's CEO & Managing Director, Mr. Nikhil P. Desai. Notably, Mr. Parimal Desai is also a promoter of the company.

2. Mrs. Nisha B. Shah was appointed as an Independent Director for a three-year term, also effective from October 1, 2025. Shah, a Chartered Accountant and CFA Level II professional, brings over 22 years of experience in investment strategies, private equity, and family office advisory. She is currently a Partner at AUM Ventures and meets the independence criteria under Companies Act 2013 and SEBI regulations.

Appointment of Secretarial Auditors

In addition to the board appointments, the shareholders approved the appointment of M/s. Parikh & Associates as Secretarial Auditors for five consecutive years, starting April 1, 2025. Established in 1987, the firm provides corporate law and regulatory compliance services to several large companies, including some of India's top 100 listed entities.

Financial Performance and Dividend

During the AGM, the company also presented its financial results for the fiscal year 2025:

The shareholders approved a dividend of 10%, amounting to Re. 1 per equity share for the year ended March 31, 2025.

Strategic Focus and Future Outlook

Mr. Mulesh M. Savla, Chairman of Aarti Surfactants, highlighted the company's resilience in FY 2024-25, achieving a turnaround through disciplined execution, cost optimization, and operational improvements. The company's focus remains on capacity expansion, innovation, and entry into new markets.

Mr. Nitesh Medh, Chief Financial Officer, presented the company's key achievements, emphasizing its expanding geographical presence and positive impact on business performance. He also noted an upgrade in the company's credit ratings.

Aarti Surfactants Limited continues to position itself for future growth in the promising surfactants industry, with a commitment to responsible growth through emission control, water recycling, and energy efficiency initiatives.

The AGM concluded with the company expressing confidence in its ability to overcome challenges and build a stronger future with the support of its stakeholders.

Aarti Surfactants Limited, a key player in the home and personal care ingredients sector, has announced robust financial results for the first quarter, alongside significant changes to its board composition.

Financial Performance

The company reported a substantial increase in its standalone revenue from operations, which rose to Rs 215.90 crore in Q1, compared to Rs 143.41 crore in the same quarter of the previous year, marking a significant year-on-year growth of 50.5%. This impressive top-line growth was accompanied by a notable improvement in profitability.

Net profit for the quarter stood at Rs 3.06 crore, up from Rs 2.33 crore in the corresponding quarter of the previous year, representing a 31.3% increase. The company's performance reflects its strong market position and effective operational strategies in the face of evolving market dynamics.

Key Financial Metrics

*Figures in Rs crore, except for EPS

The Basic Earnings Per Share (EPS) for the quarter improved to Rs 3.62, compared to Rs 2.75 in the corresponding quarter of the previous year.

Board Appointments

In a move to strengthen its leadership, Aarti Surfactants' Board of Directors has approved two key appointments, subject to shareholder approval at the upcoming Annual General Meeting:

1. Mr. Parimal H. Desai has been appointed as a Non-Executive Director, effective October 1. Mr. Desai, who has attained the age of 75 years, brings nearly five decades of experience in the Chemical Industry. He holds a bachelor's degree in chemical engineering from UDCT, Mumbai, and is recognized for his expertise in Product Development, Project Commissioning & Implementation.

2. Mrs. Nisha B. Shah joins as an Independent Director for a three-year term, also effective from October 1. A Chartered Accountant and CFA (Level II) professional, Mrs. Shah has over 22 years of experience in investment strategies, private equity, and family office advisory. She is currently a Partner at AUM Ventures, a venture capital fund.

Corporate Governance

The company has also appointed M/s. Parikh & Associates as Secretarial Auditors for five consecutive years. This appointment underscores Aarti Surfactants' commitment to maintaining high standards of corporate governance and regulatory compliance.

Outlook

With these strategic appointments and strong financial performance, Aarti Surfactants Limited appears well-positioned to capitalize on growth opportunities in the home and personal care ingredients market. The company's focus on strengthening its board with experienced professionals signals its intent to drive long-term value creation for shareholders.

Investors and stakeholders will be keenly watching how these new appointments and the company's robust financial trajectory translate into sustained growth and market leadership in the coming quarters.