Announced Thu, 25 Jun · 15:23 IST
Board re-appoints CMD and Independent Director for 5-year terms
Management Changes View source PDF
ACEINTEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹20.95
prior close
₹20.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4———+0.5+6.9+9.3+1.0+2.1+4.7-4.1-7.8——
Up moveDown movePending
AI summary
Ace Integrated Solutions board has recommended re-appointment of Mr. Chandra Shekhar Verma as Chairman and Managing Director for 5 years (June 30, 2026 to June 29, 2031). He is the promoter and founder with 28 plus years leading the company. The board also re-appointed Mr. Kumar Vishwajeet Singh as Non-Executive Independent Director for a second 5-year term (August 30, 2026 to August 29, 2031). Both re-appointments are subject to shareholder approval.
Likely market impact
Ensures leadership continuity with promoter-founder retained as CMD; generally a stability signal for shareholders, pending their approval.