Ace Integrated Solutions has re-appointed Mr. Rajeev Ranjan Sarkari as its Chief Executive Officer (CEO) effective April 21, 2026. The decision was taken by the Board of Directors during a meeting held on July 10, 2026, at the company's registered office. The re-appointment ensures continuity in leadership as the firm continues to focus on business growth and operational excellence.

Mr. Rajeev Ranjan Sarkari is a seasoned business leader with over 20 years of experience in business development, corporate governance, e-Governance, IT infrastructure, project management, and strategic operations. His extensive expertise includes conceptualizing and implementing large-scale IT and e-Governance projects. He has held senior leadership positions previously, possessing significant experience in corporate strategy, business expansion, resource management, and technology-driven initiatives.

The Board meeting, which commenced at 01:45 p.m. and concluded at 02:15 p.m., considered and approved the re-appointment among other business items. The company confirmed that Mr. Sarkari is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other authority. There is no inter-se relationship between the directors disclosed in this context.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed reason for the re-appointment and other necessary disclosures have been enclosed as per the requirements of the regulations and relevant SEBI circulars.

Key Details of Re-appointment

Ace Integrated Solutions Limited has confirmed that its promoters and promoter group did not create any encumbrance on the company's shares during the financial year ended March 31, 2026. The disclosure ensures shareholders that the promoter holding remains unencumbered, providing stability regarding the ownership structure. The declaration was submitted to the National Stock Exchange and the company's Audit Committee on April 06, 2026.

Chandra Shekhar Verma, Promoter and Managing Director, provided the confirmation on behalf of himself and the promoter group. The declaration was made pursuant to Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing explicitly states that no shares were pledged or otherwise encumbered, directly or indirectly, other than those already disclosed.

Shareholding Details

The disclosure included an annexure detailing the shareholding of the promoter and promoter group. The data indicates that the top two shareholders hold a significant majority of the company's total share capital, with zero encumbrance reported across the board.

The promoter group entities, including Shivam Online Education and Calibre Testing Lab Private Limited, Ace Integrated Education Private Limited, and Shivani Realbuild Private Limited, hold minimal stakes. None of these entities reported any encumbrance on their holdings for the period under review.