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Board of Directors

....led by our Promoters, being the Executive Directors of our Board. We are further enriched by our Board Members who are technically sound and have extensive experience in various fields like chemicals, pharmaceuticals, accountancy, finance, and project implementation, who add tremendous value and vision to our Company!

Company Promoters and Executive Directors on Board:

Ashwin Desai

Founding Promoter, Managing Director

Ashwin Desai is the founding Promoter and Managing Director of our Company. He holds a bachelor’s degree in Chemical Engineering from Institute of Chemical Technology (ICT, formerly University Department of Chemical Technology, UDCT, Mumbai, 1974). He has been awarded the Distinguished Alumnus award by Indian Chemical Technology in 2010. Ashwin Desai has multiple decades of experience in the speciality chemical industry. Prior to incorporation of our Company, he was the founding member of Anupam Rasayan India Limited and was the Chairman and Managing Director of Anupam Rasayan India Limited till 2013. At Aether, Ashvin Desai is responsible for creating the overall vision of the Company and is actively involved in all techno-commercial departments. He focuses on innovative chemical engineering solutions for our R&D, pilot plant, and production processes and is also responsible for leading our core competency in continuous reaction and flow technology.

Purnima Desai

Promoter, Whole Time Director

Purnima Desai is a Promoter and Whole Time Director of our Company. With multiple decades of experience in the speciality chemical industry, she leads the overall accounting and finance operations of our Company. She has a bachelor’s degree from the University of Delhi (1975). Purnima Desai was previously a Director at Anupam Rasayan India Limited until 2013.

Rohan Desai

Promoter, Whole Time Director

Rohan Desai is a Promoter and Whole Time Director of our Company. He has extensive experience in the speciality chemical industry and looks after the entire commercial portfolio (including sales, finance, strategic procurement, human resources and systems) of our Company. He has a bachelor’s degree from South Gujarat University of Commerce (SPB VNSG), Surat. Rohan Desai was previously a Director at Anupam Rasayan India Limited until 2013.

Dr. Aman Desai

Promoter, Whole Time Director

Dr. Aman Desai is a Promoter and Whole Time Director of our Company. He is responsible for our R&D, pilot plant, and production operations, new projects, and technical business development, and has over 10 years of experience in the speciality chemical industry. Dr. Aman Desai has a bachelor’s degree in Chemical Technology (Intermediates and Dyestuff Technology, 2005) from Institute of Chemical Technology (ICT formerly known as University Department of Chemical Technology, UDCT, Mumbai) and has a Doctor of Philosophy (PhD) degree in Organic Chemistry (with a focus on chiral chemistry) from Michigan State University (USA, 2010). His doctoral research was published in the Journal of the American Chemical Society and was also featured in Chemical & Engineering News in 2010. Dr. Aman Desai was then a Project Leader in the Process Development group in Core R&D Headquarters at the Dow Chemical Company in Michigan (USA). Dr. Aman Desai has been awarded the UAA Young Achiever Award in 2018 in the UAA-ICT Distinguished Alumnus Awards from his alma mater, Institute of Chemical Technology, Mumbai, India. He is the author/co-author of 25 publications in international technical journals. He has been granted 4 patents in USA, and these patents are published worldwide.

Non-Executive Directors on the Board:

Kamalvijay Tulsian

Chairperson and Non-Executive Director

Kamalvijay Tulsian is the Chairperson and Non-Executive Director of our Company. He holds a diploma in Electrical Engineering and a diploma in Mechanical Engineering, both from the Maharaja Sayajirao University of Baroda (MSU-B). He has multiple decades of experience in the textile and chemical industry.

Ishita Manjrekar

Non-Executive Director

Ishita Manjrekar is a Non-Executive Director of our Company. She holds a bachelor’s degree in Chemical Engineering from Institute of Chemical Technology (ICT, formerly known as University Department of Chemical Technology, UDCT, Mumbai) and a master’s degree in Chemical Engineering from Rensselaer Polytechnic Institute (RPI, USA). She is currently serving as director (Technology) in Sunanda Speciality Coatings Private Limited (Sunanda) and leads their Research and Development department and Business Development. Prior to working at Sunanda, Ishita Manjrekar worked as the Vertical Head (Clean Technology) for Primary Global Research, USA. She is a director on the Board of American Concrete Institute (ACI, USA) and was conferred the ACI Young Member Award for Professional Achievement in 2016.

Jeevan Lal Nagori

Non-Executive Independent Director

Jeevan Lal Nagori is a Non – Executive Independent Director of our Company. He has a bachelor’s degree from University of Udaipur, and he is a Fellow Member of the Institute of Chartered Accountants of India (ICAI). He has multiple decades of experience in chartered accountancy. He was previously associated with IPCA Laboratories Limited for 34 years, as the President of Projects.

Leja Hattiangadi

Non-Executive Independent Director

Leja Hattiangadi is a Non-Executive Independent Director our Company. She holds a bachelor’s degree in Chemical Engineering from Indian Institute of Technology (IIT, Bombay) and a Master’s degree in Chemical Engineering from Lowell Technological Institute (Massachusetts, USA). She has been elected as a Member of the American Institute of Chemical Engineers (AIChE). She has multiple decades of experience in the engineering contracting and chemical industry. She has previously worked at Tata Consulting Engineers Limited (a TATA Enterprise). She has also previously worked at Jacobs India for 9 years as Director (Business Development). During her tenure at Jacobs India, she was also a Whole Time Director of the Board. Leja Hattiangadi is presently an Adjunct Professor in the Department of Chemical Engineering, Indian Institute of Technology (IIT, Bombay). She is also currently serving as an Independent Director on the Board of M/s. Alkyl Amines Chemicals Limited and M/s. Artson Engineering Limited.

Dr. Amol Kulkarni

Non-Executive Independent Director

Dr. Amol Kulkarni is a Non-Executive Independent Director of our Company. He is currently a Senior Principal Scientist in the Chemical Engineering & Process Development Division at the National Chemical Laboratory (NCL, Pune). He holds a bachelor’s degree, a masters’ degree and a Doctor of Philosophy (PhD) degree in Chemical Engineering from the Institute of Chemical Technology, University of Mumbai (ICT, formerly known as University Department of Chemical Technology, UDCT, Mumbai). He was also a Post Doctorate at the Max Planck Inst. Magdeburg (Germany) and IUSSTF Research Fellow at Massachusetts Institute of Technology (MIT, USA). Dr. Amol Kulkarni has established the first of its kind microreactor laboratory in India. He is the recipient of numerous awards including the prestigious Shanti Swaroop Bhatnagar Award in Engineering Sciences (2020), VASVIK award for technology development (2016), Young Associate of Indian Academy of Sciences (2011), CSIR Young Scientist Award (2011), and Indian National Science Academy’s (INSA) Medal for Young Scientists (2009). He is the author/co-author of 138 publications in international technical journals and has been granted 17 patents in India, USA, and worldwide. Recently, he has been inducted as a Fellow of the Indian National Academy of Engineering (INAE).

Arun Kanodiya

Non-Executive Independent Director

Arun Kanodiya is a Non – Executive Independent Director of our Company. He has bachelor’s degree from the University of Delhi, and he is a Fellow Member of the Institute of Chartered Accountants of India (ICAI). He is a Partner of M/s. KSA & Co, Chartered Accountants (Surat). He has over 15 years of experience in chartered accountancy and finance.

Jitendra Vakharia

Non-Executive Independent Director

Jitendra Vakharia is a Non-Executive Independent Director of our Company. He holds a diploma in Textile Chemistry from the Maharaja Sayajirao University of Baroda (MSU-B). He has multiple decades of experience in the chemical and textile industry. He is currently serving as a partner at Narayan Processors and a Director at Pandesara Infrastructure Limited.

Rajkumar Borana

Non-Executive Independent Director

Rajkumar Borana is a Non-Executive Independent Director of our Company. He holds a bachelor’s degree from Veer Narmad South Gujarat University (Surat). He has extensive experience in the textile industry and is currently associated with R&B Denim Limited.

Committees of the Board:

Audit
Committee

Arun Kanodiya (Chairperson)
Jitendra Vakharia
Jeevan Lal Nagori

N&R
Committee

Kamalvijay Tulsian
Arun Kanodiya (Chairperson)
Dr. Amol Kulkarni

CSR
Committee

Purnima Desai (Chairperson)
Kamalvijay Tulsian
Jeevan Lal Nagori
Leja Hattiangadi
Jitendra Vakharia

Stakeholder Relationship Committee

Kamalvijay Tulsian (Chairperson)
Rohan Desai
Ishita Manjrekar
Arun Kanodiya
Leja Hattiangadi
Rajkumar Borana

IPO
Committee

Rohan Desai (Chairperson)
Dr. Aman Desai
Arun Kanodiya
Dr. Amol Kulkarni

Risk Management Committee

Dr. Aman Desai (Chairperson)
Ashwin Desai
Rohan Desai
Kamalvijay Tulsian
Arun Kanodiya

Announcement and Disclosure under Regulation 46 of the SEBI (LODR) Regulations, 2015

2023-2024
2022-2023

Financial Performance and Presentation


2022-2023
2021-2022
2020-2021
2019-2020
2018-2019

Subsidiary and Group Companies


2022-2023

2020-2021

Corporate Governance

Shareholding Pattern

2022-2023

General Meetings

2023-2024
2022-2023
2021-2022
2020-2021
2019-2020

Material Contracts and Documents

Investor Contact

Aether Industries Limited

Adress: Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, India

CIN: L24100GJ2013PLC073434

Company Secretary and Compliance Officer:

Mr. Chitrarth Parghi

Tel. (Direct): +91-261-6603360
E-Mail: compliance@aether.co.in

Investor Relation:

Tel. (Direct): +91-261-6603045
E-Mail: investors@aether.co.in


Registrar:

Link Intime India Private Limited

SEBI Registration No.: INR00004058
C-101, 1st Floor, 247 Park,
Lal Bahadur Shashtri Marg,
Vikhroli (West), Mumbai - 400083,
Maharashtra, India

Contact Person: Ms. Shanti Gopalkrishnan

Tel: +91-22-49186200
Email: aether.ipo@linkintime.co.in
Website: www.linkintime.co.in