aaa technologies shareholders have approved the appointment of two new directors, signaling a strategic reinforcement of its Board’s expertise in corporate finance and industrial technology. The company announced the results of its postal ballot on August 08, 2026, confirming that members voted overwhelmingly in favor of appointing Ashok Kumar Chordia as an Additional Director in the category of Non-Executive Director and Santosh Kumar Pandey as an Additional Director and Whole-time Director designated as Executive Director. Both resolutions were passed with nearly unanimous support, underscoring strong confidence in the leadership transition among the company’s investor base.

The postal ballot process was conducted in compliance with Section 110 of the Companies Act, 2013, Rule 20 and Rule 22 of the Companies (Management & Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vijay Kumar Mishra of VKM & Associates, Practising Company Secretaries, served as the independent scrutinizer. The voting window ran from July 09, 2026, to August 07, 2026, with the e-voting platform managed by MUFG Intime India Private Limited. As of the record date on June 26, 2026, the company had 9,889 shareholders.

Voting Results

The voting data reveals near-total alignment between promoters and public non-institutional investors on both resolutions. Promoters held 4,410,000 shares and voted entirely in favor, while public non-institutions cast 1,517 votes, with 1,507 in favor and 10 against. Public institutions did not participate in the vote.

Ashok Kumar Chordia brings extensive experience in corporate advisory, working capital finance, debt and equity structuring, and taxation. He is associated with Mentor Capital Services Private Limited and holds directorships in various companies. His appointment as a Non-Executive Non-Independent Director is effective from June 19, 2026, and he will be liable to retire by rotation.

Santosh Kumar Pandey joins as a Whole-time Director designated as Executive Director for a five-year term commencing June 19, 2026, and ending June 18, 2031. With over 26 years of experience, Pandey is a seasoned business leader and founder of a prominent GPS and IoT solutions enterprise. His expertise spans strategic IIoT, drone-based technologies, and large-scale digital transformation projects. The Board noted that his technical acumen and operational excellence will be instrumental in driving the company’s long-term growth initiatives. His remuneration will remain within the limits prescribed under Sections 196, 197, and 198 of the Companies Act, 2013.

Governance Implications

The dual appointment addresses distinct strategic needs: Chordia’s financial structuring expertise complements Pandey’s technological leadership. This combination suggests a focus on both capital efficiency and innovation-driven expansion. The high level of shareholder approval, particularly the lack of dissent from promoters, indicates a unified vision for the company’s future direction under this enhanced Board composition.

AAA Technologies has initiated a remote e-voting process to seek shareholder approval for the appointment of two directors to its Board. The company proposes to appoint Mr. Ashok Kumar Chordia as a Non-Executive Non-Independent Director and Mr. Santosh Kumar Pandey as a Whole-time Director designated as Executive Director for a period of five years. These appointments, initially made by the Board on June 19, 2026, are subject to the approval of members through Ordinary and Special Resolutions respectively.

Mr. Ashok Kumar Chordia, a Chartered Accountant, brings extensive experience in corporate advisory, working capital finance, and debt and equity structuring. He is associated with Mentor Capital Services Private Limited. If approved, he will be liable to retire by rotation. The company has received his consent to act as a Director and necessary declarations confirming he is not disqualified from being appointed under Section 164 of the Companies Act, 2013.

Mr. Santosh Kumar Pandey, a seasoned business leader with over 26 years of experience, is proposed for the role of Executive Director from June 19, 2026, to June 18, 2031. His expertise includes strategic IIoT and drone-based technologies, software and hardware project management, and digital transformation projects. The remuneration payable to him will be governed by the limits prescribed under Sections 196, 197, and 198 read with Schedule V of the Companies Act, 2013.

The e-voting facility will be available from 9:00 a.m. IST on July 09, 2026, until 5:00 p.m. IST on August 07, 2026. Shareholders holding shares as on the cut-off date of June 26, 2026, are eligible to participate. The postal ballot notice and explanatory statement have been dispatched electronically to members whose email addresses are registered with the company or depository participants.

M/s VKM & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to ensure the voting process is conducted fairly. The results of the postal ballot are expected to be announced on or before August 08, 2026. The company has stated that physical copies of the notice are not being dispatched, and voting is restricted to the remote e-voting system in compliance with regulatory guidelines.

Summary of Appointments