Saptak chem & business Limited has announced significant leadership changes following its board meeting held on January 9, 2026. The company's board approved the appointment of Mr. Ayush Vinod Kumar Tated as the new Managing Director, marking a strategic move in the company's executive leadership structure.

Board Meeting Outcomes

The board meeting, conducted from 3:30 PM to 3:45 PM on January 9, 2026, resulted in two key appointments for Mr. Ayush Vinod Kumar Tated (DIN: 11461830):

Leadership Profile

Mr. Ayush Tated brings substantial qualifications to his new role as Managing Director. As a Commerce graduate, he possesses comprehensive knowledge in accounting, finance, and business management. His professional approach is characterized by structured and analytical decision-making capabilities, supported by a thorough understanding of commercial operations and compliance requirements.

Key Qualifications

• Commerce graduate with specialized knowledge in accounting and finance
• Strong background in business management and commercial operations
• Analytical approach to strategic decision-making
• Commitment to ethical business practices and compliance requirements
• Experience in strategic planning and organizational management

Regulatory Compliance

The appointment follows all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr. Tated is not debarred from holding the office of Director by any order of SEBI or other regulatory authorities. Both the Nomination and Remuneration Committee and the Board of Directors have verified his eligibility for the position.

Next Steps

While Mr. Tated's appointment as Additional Director is effective immediately and will continue until the ensuing Annual General Meeting, his appointment as Managing Director requires shareholder approval. The five-year term as Managing Director, if approved, will provide stability and continuity in the company's leadership structure through January 2031.

Saptak Chem & Business Limited announced key corporate decisions following its board meeting held on December 29, 2025. The meeting, which commenced at 1:00 PM and concluded at 6:10 PM, addressed two significant matters concerning the company's operations and leadership structure.

Board Decisions and Approvals

The board of directors approved two major resolutions during the meeting. The decisions were made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Managing Director's Resignation

Mr. Manthan Bhavsar (DIN: 05208214) submitted his resignation from both the positions of Managing Director and Director of the company. The resignation became effective from the closure of business hours on December 29, 2025.

Mr. Bhavsar confirmed in his resignation letter that there are no material reasons for his departure other than pre-occupation. He expressed gratitude to the board members, management committee members, and colleagues with whom he worked during his tenure with the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under various regulatory frameworks. The announcements were made in compliance with SEBI Letter dated June 14, 2018, and BSE Circular LIST/COMP/14/2018-19 dated June 20, 2018. Additionally, detailed information was provided as required under SEBI Circular dated July 13, 2023, for director resignations.

Current Leadership

Following these changes, Mr. Rohitkumar Parikh (DIN: 07394964) continues to serve as Managing Director of the company. The company's registered office has been officially relocated to the new address in Isanpur, Ahmedabad, maintaining its presence in the same locality.