Aadi Industries Limited informed that the meeting of the Board of Directors of Aadi Industries Limited held on June 27, 2023 have approved the resignation tendered by Mr. Sushil Surve from the post of the Chief Financial Officer (CFO) of the Company with effect from the close of business hours of June 27, 2023, due to some other work commitment. Appointment of Mr. Sanjay Jadhav, Chief Financial Officer (Key Managerial Personnel) of the Company effective from June 27, 2023, in accordance with Section 203 of the Companies Act, 2013 read with the Companies (Appointment & Remuneration of Managerial Personnel) Rules, 2014. Mr. Jadhav is holding a degree in B.com & done his MBA in Finance.

He has vast experience of 27 years in the Accounts & Finance field and his past experience was working with M/s. Vishprabha Ventures Ltd. as an Accounts Manager and later as a CFO of the Company.