Aarvi Encon Appoints Jagat Suresh Parikh as Independent Director
Aarvi Encon Limited announced that Dr. Padma Venkitachalam Devarajan's term as Independent Director ended on January 31, 2026. Mr. Jagat Suresh Parikh has been appointed as an Additional, Non-Executive Independent Director, effective February 2, 2026, for a five-year term.
The change in directorship is a standard corporate governance event and is not expected to have a material impact on the company's operations or financial performance in the short term.
The announcement pertains to a routine change in directorship due to the completion of a tenure and the appointment of a new director. It does not contain any information that would positively or negatively impact the company's financial performance or stock price.
Aarvi Encon Limited (AARVI) has announced a change in its Board of Directors. Dr. Padma Venkitachalam Devarajan has completed her term as an Independent Director, with her cessation effective from the close of business hours on January 31, 2026.
Subsequently, the Board of Directors, on January 31, 2026, approved and recommended the appointment of Mr. Jagat Suresh Parikh as an Additional, Non-Executive Independent Director. His appointment is effective from February 2, 2026, for a term of five consecutive years, and he will not be liable to retire by rotation. The company will seek shareholder approval for this appointment.
Mr. Jagat Suresh Parikh is an Electronic Engineer with over 30 years of professional experience. His background includes serving as Chief Operating Officer (COO) & Partner at Universal Consulting, acting as a Strategy Advisor to over 100 businesses, and founding a healthcare start-up. He is currently the President of Walchandnagar Industries Limited. He is not debarred from holding the office of director by any SEBI order or other authority.
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Aarvi Encon Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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