AKI India Appoints New Directors, Reconstitutes Key Committees and Records Resignation

AKI India Appoints New Directors, Reconstitutes Key Committees and Records Resignation​

AKI India Limited has seen significant changes on its Board of Directors, announcing the appointment of several new directors across different categories and recording the resignation of a current board member. The company also approved the reconstitution of key operational committees, including the Audit Committee (AC), Nomination and Remuneration Committee (NRC), and the Stakeholder Relationship Committee.

The appointments include Mrs. Sarika Agrawal, Mr. Abdul Rashid Khan, Mr. Veqarul Amin, and Ms. Naba Fatima, effective July 7, 2026.

New Director Appointments Detailed​

The Board approved the appointment of four new individuals: three Additional Non-Executive and Independent Directors, and one Additional Non-Executive and NonIndependent Director.

Mrs. Sarika Agrawal was appointed as an Additional Non-Executive and Independent Director. She holds a Bachelor of Commerce (B.Com.) degree from Allahabad University (1998) and is described as an experienced entrepreneur actively running her business in Mirzapur, bringing practical commercial acumen to the Board. Mrs. Agrawal disclosed that she is not related to any current Director of the Company.

Mr. Abdul Rashid Khan was appointed as an Additional Non-Executive and Independent Director. He holds degrees in Commerce (B.Com., 2008) and Law (LL.B., 2011). Mr. Khan brings over 13 years of experience in law and finance to the Board, and he is also not related to any existing Directors.

Mr. Veqarul Amin was appointed as an Additional Non-Executive and Independent Director. He is a qualified Leather Technologist from NENE College and has over 35 years of extensive experience in the leather industry, including deep expertise in technology and manufacturing processes. He confirmed having no relationship with any current Director.

Ms. Naba Fatima was appointed as an Additional Non-Executive and NonIndependent Director. Ms. Fatima possesses experience in business management, commercial operations, and the leather goods industry, understanding strategic planning and market dynamics within the sector. She disclosed that she is sister of Mr. Mohammad Ajwad (Managing Director) and Mr. Mohammad Asjad (Non-Executive Director).

The appointments are detailed below:

Resignation of Board Member​

The company also noted the resignation of Ms. Hardika Ladha from her post as a Non-Executive and Independent Director, effective July 7, 2026. The reason provided for the departure was personal reasons. The management confirmed that Ms. Ladha has stated there were no other material reasons for her resignation.

Committee Reconstitution​

The Board of Directors also addressed several committee changes, reconstituting the Audit Committee (AC), Nomination and Remuneration Committee (NRC), and the Stakeholder Relationship Committee.

Key members of the newly constituted committees are listed below:


The composition of the committees reflects the fresh appointments made to the Board.

AKI Stock Price Movement​

Today, AKI India Limited shares edged higher to close at ₹4.76, marking a solid gain of 1.27%. The stock saw activity in the post-market session, trading on a volume of 74,326 shares.