AKI India Limited has unveiled a refreshed board slate, adding four new directors and reshaping key governance committees as of July 7, 2026. The company approved the appointment of three Independent Directors — Sarika Agarwal, Abdul Rashid Khan, and Veqarul Amin — as Additional Non-Executive and Independent Directors, alongside the appointment of Naba Fatima as an Additional Non-Executive and Non-Independent Director. In parallel, the Board reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee to align with the new leadership composition.
The changes come with a noted governance update: Hardika Ladha has stepped down from the role of Non-Executive and Independent Director due to personal reasons, effective July 7, 2026. While the company noted there were no additional material reasons for the resignation beyond those disclosed, the move paves the way for the incoming directors to shape oversight and strategic governance.
The new appointees bring a mix of backgrounds that span commerce, law, and leather-industry expertise. Sarika Agarwal is described as an entrepreneur with a commerce background and practical business insight; Abdul Rashid Khan combines legal and financial acumen with more than a decade of experience; Veqarul Amin brings deep leather-technology expertise and industry know-how; while Naba Fatima offers business management and leather-goods operational exposure. Notably, Fatima is positioned as a relative to the existing leadership, being the sister of Mohammad Ajwad (Managing Director) and Mohammad Asjad (Non-Executive Director), a detail that underscores the ongoing dynamics within the leadership circle.
Together, the changes signal AKI India Limited’s intent to strengthen board governance and strategic oversight at a pivotal time for the company in the leather goods sector. With a broadened mix of independent voices and enhanced committee oversight, the leadership team appears positioned to steer through growth opportunities while reinforcing governance discipline across the board.