MD and Independent Director resign; new directors appointed at AAA Technologies
AAATECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Managing Director and Chairman, Mr. Venugopal Dhoot, resigned effective August 31, 2026, due to execution of a Share Purchase Agreement and a change in ownership or control of the company. Independent Director Mr. Kamal Kishor Sharma also resigned from September 2, 2026 citing personal reasons. The board appointed Mr. Karan Sharma as Executive Director and Mr. Premendra Rajput as Independent Director for a five-year term from September 3, 2026. All key board committees were reconstituted.
A change in ownership or control is underway via a Share Purchase Agreement. The new management is restructuring the board, which may signal strategic shifts ahead.