On March 22, 2019, Renato Dela Rama notified Cemtrex, Inc. that effective immediately he has resigned as Vice President, of Finance (“VPF”) and Principal Accounting Officer (“PAO”) of Cemtrex, Inc. due to health reasons. Upon the effectiveness of Mr. Dela Rama's resignation, Aron Govil, the company's Executive Director has been appointed Interim Chief Financial Officer (“ICFO”) and Principal Accounting Officer (“PAO”). Aron Govil has been with the company since December 2004.

In June 2014, Mr. Govil resigned as Chairman of the company. Mr. Govil is also President of Ducon Technologies Inc. Aron Govil is also the Chairman & CEO of Ducon Infratechnologies Ltd., a company listed on the National Stock exchange of India. Mr. Govil has started, developed and sold several companies since 1985 in the environmental, energy, technology, and entertainment fields.