AKI India Limited expands Board with four Independent Directors, reshapes committees; Hardika Ladha resigns

AKI India Limited announced a governance refresh, with the board approving the appointment of four directors to its non-executive cadre, effective July 7, 2026. The appointments include Sarika Agrawal, Abdul Rashid Khan and Veqarul Amin as Additional Non-Executive and Independent Directors, and Naba Fatima as an Additional Non-Executive and Non-Independent Director. The move signals a broadening of the company’s governance footprint as it strengthens independent oversight at the board level.

Sarika Agrawal is described as a commerce graduate and an experienced entrepreneur bringing practical business insight to the board. Abdul Rashid Khan holds a B.Com. and an LL.B., with more than 13 years of experience in law and finance. Veqarul Amin is a Leather Technologist by training with over 35 years in the leather industry, offering deep technical and strategic perspectives. Naba Fatima brings background in business management and leather goods operations, and is noted as the sister of the company’s Managing Director, Mohammad Ajwad, and another non-executive director, Mohammad Asjad.

In tandem with these appointments, AKI India reconstituted its key governance committees. The Audit Committee will comprise Abdul Rashid Khan as Chair, with Sarika Agrawal and Veqarul Amin as members. The Nomination and Remuneration Committee is reconstituted with Abdul Rashid Khan as Chair, and Sarika Agrawal and Veqarul Amin as members. The Stakeholder Relationship Committee will be chaired by Abdul Rashid Khan, with Sarika Agrawal as a member and Mohammad Ajwad as a member. The company also noted the resignation of Hardika Ladha from the post of Non-Executive and Independent Director, effective July 7, 2026, citing personal reasons and confirming no other material reasons for the departure.