ASAstral532830Routine director change

Ritesh Patel and Pritesh Shah designated as Senior Management Personnel

Astral Ltd designated Mr. Ritesh Patel and Mr. Pritesh Shah as Senior Management Personnel, on the Nomination and Remuneration Committee's recommendation, effective November 5, 2026.

By ScoutQuest · Thu 5 Nov 2026, 4:53 PM IST · 2 min read

Effective Date

November 5, 2026

Experience - Ritesh Patel

BE in Chemical Engineering, 24 years in plastic piping

Experience - Pritesh Shah

qualified CA, over 26 years in finance

What the company disclosed

• Astral Ltd has designated Mr. Ritesh Patel and Mr. Pritesh Shah as Senior Management Personnel of the Company.
• The move is based on the recommendation of the Nomination and Remuneration Committee.
• The date of appointment stated in the disclosure is November 5, 2026.
• The disclosure on relationships between directors in connection with the appointment is marked Not Applicable.

Mr. Ritesh Patel:

• Holds a BE in Chemical Engineering and has 24 years of experience in the plastic piping systems industry.
• Works with polymer-based materials such as CPVC, PVC, PE and PP, with expertise in new product development, Research & Development, technical support, product costing and cost optimisation.
• Experience covers material innovation, product performance enhancement, troubleshooting, quality assurance, product testing and compliance with industry standards.
• Is an active member of standardisation committees of the Bureau of Indian Standards, including the CED 50.2 Plastic Piping Sectional Committee and the CED 22.4 Fire Fighting Sectional Committee, and has served as a panel member on various Indian Standards.

Mr. Pritesh Shah:

• Is a Qualified Chartered Accountant (CA) since 1998 and has over 26 years of progressive experience in Finance & Accounts within the manufacturing industry.
• Expertise spans financial reporting, Financial Planning & Analysis (FP&A), treasury management, taxation, regulatory compliance and internal controls.
• Has strong exposure to ERP systems including SAP and Corporate Munims, and experience in leading teams across Finance, Accounts, Taxation, Treasury and MIS functions.
• Listed key competencies include financial planning and analysis, accounting and reporting, treasury and working capital management, business partnering, team development, process improvement and automation, costing, SAP implementation and ERP transformation, and mergers and acquisitions (M&A).

What this means for investors

• This is a senior management designation, so it relates to who holds senior operating and finance responsibilities, and not to any change in the company's share capital, borrowings or ownership.
• The profiles set out in the disclosure describe long experience in the company's core piping business and in finance and accounts within manufacturing.
• The disclosure itself does not carry any financial figure such as revenue, profit, order value or capital expenditure, so there is no quantitative financial impact to assess from it.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev