The Company has received a resignation letter from Mr. Gaurav Sharma tendering his resignation from the post of Chief Financial Officer (CFO) of the Company with effect from May 18, 2026.
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Mr. Gaurav Sharma has tendered his resignation from the position of Chief Financial Officer (CFO) of Ace Alpha Tech Ltd with effect from May 18, 2026. The resignation is effective immediately. Mr. Sharma will continue to hold his position as Chairman and Managing Director (CMD) of the company. The stated reason for the resignation is to allow him to focus on his role as CMD. Sharma has confirmed there is no other material reason for his resignation. The company has stated it will make necessary intimation regarding the appointment of a new CFO in compliance with applicable regulatory requirements.
This is a mid-level leadership transition as the CFO role becomes vacant while the CMD continues. The company needs to appoint a new CFO promptly, which could create short-term uncertainty but is a routine corporate event. Investors should watch for the appointment announcement.