Please find the attached Outcome of Board Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ACI Infocom Ltd's Board of Directors, at a meeting held on 21 February 2026, approved the appointment of Mr. Sanjay Natvarlal Mandavia as an Additional Director (Executive) with immediate effect. Mr. Mandavia is an aviation entrepreneur, a former Senior Pilot and DGCA-approved Check Pilot at Kingfisher Airlines, and the founder of Flight Simulation Techniques Centre (FSTC) and regional airline FlyBig. The filing confirms he has no familial relationship with any existing Board members. The meeting ran from 11:00 AM to 11:30 AM, and the disclosure was signed by Managing Director Pradeep Natvarlal Dhanuka.
For shareholders, this adds a new Executive Director with a strong aviation background to a company that appears to operate in IT/realty, which may signal a potential strategic shift or diversification. The board change is incremental and may not have an immediate material impact on the stock price.