ACI Infocom Promoter Files SAST Disclosure for 13.41 Lakh Share Sale Transaction

1 min read     Updated on 27 Mar 2026, 11:47 PM
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AI Summary

Pujya Guruwar Textile India Pvt Ltd has filed a formal SAST regulatory disclosure regarding the sale of 13.41 lakh equity shares in ACI Infocom Limited worth ₹17.11 lakh. The transaction, executed on March 25, 2026, reduced the promoter's shareholding from 2.05% to 0.84%, representing a significant divestment below the 1% threshold.

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Pujya Guruwar Textile India Pvt Ltd, a promoter entity of ACI Infocom Limited, has filed a comprehensive regulatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the sale of 13.41 lakh equity shares. The transaction, executed on March 25, 2026, represents a continued divestment strategy by the promoter entity.

SAST Regulatory Disclosure Details

The formal disclosure was submitted to BSE Limited on March 26, 2026, providing detailed information about the share sale transaction and its impact on the promoter's shareholding pattern.

Transaction Parameter: Details
Shares Sold: 13,41,458 equity shares
Transaction Value: ₹17.11 lakh
Transaction Date: March 25, 2026
Exchange: BSE Limited
Transaction Mode: Open Market
Regulation: SEBI (SAST) Regulations 29(2)

Shareholding Pattern Changes

The transaction has resulted in a significant reduction in the promoter's stake, bringing the holding below the 1% threshold. The detailed shareholding changes are documented in the SAST disclosure format.

Shareholding Position: Before Transaction After Transaction Change
Number of Shares: 22,69,687 9,28,229 -13,41,458
Percentage Holding: 2.05% 0.84% -1.21%
Voting Rights: 2.05% 0.84% -1.21%
Total Share Capital: 11,04,90,900 11,04,90,900 No Change

Corporate Compliance and Authorization

The disclosure was authorized by Kushal Chand Jain (DIN: 03545081), Director of Pujya Guruwar Textile India Pvt Ltd. The company operates from Office No 10, 4th Police Thana Road, Old Bus Stand Road, Pali Marwar 306401, with CIN U46411RJ2009PTC046981.

Compliance Parameter: Details
Filing Date: March 26, 2026
Authorized Person: Kushal Chand Jain
Director Identification: DIN 03545081
Company CIN: U46411RJ2009PTC046981
Communication Mode: Formal Letter to BSE

Target Company Information

ACI Infocom Limited, the target company in this disclosure, maintains its registered address at 109, Dimple Arcade, 1st Floor, Asha Nagar, Thakur Complex, Kandivali (East), Mumbai, Maharashtra, 400101. The company's shares are listed on BSE Limited with scrip code 517356.

Historical Stock Returns for ACI Infocom

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.23%-0.78%-23.81%-39.05%+357.14%

Will the promoter continue divesting their remaining 0.84% stake in ACI Infocom, potentially leading to complete exit from the company?

How might this significant reduction in promoter shareholding affect ACI Infocom's stock price and investor confidence in the near term?

What strategic reasons could be driving Pujya Guruwar Textile's divestment from ACI Infocom, and are there plans to invest in other sectors?

ACI Infocom Ltd Board Meeting Outcome: Appoints Aviation Entrepreneur as Director

1 min read     Updated on 21 Feb 2026, 12:02 PM
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AI Summary

ACI Infocom Ltd. has appointed Sanjay Natvarlal Mandavia, an aviation industry veteran and founder of FlyBig, as Additional Executive Director effective February 21, 2026. The appointment was approved during a board meeting that lasted 30 minutes and was announced in compliance with SEBI regulations, with Mandavia bringing extensive aviation expertise including his background as a former Kingfisher Airlines pilot and aviation entrepreneur.

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ACI Infocom Ltd. has strengthened its leadership team with the appointment of aviation industry veteran Sanjay Natvarlal Mandavia as Additional Executive Director. The Mumbai-based company announced this strategic appointment following a board meeting held on February 21, 2026.

Board Meeting Details

The board of directors convened on February 21, 2026, to deliberate on key organizational matters. The meeting, which ran from 11:00 A.M. to 11:30 A.M., resulted in the unanimous approval of Mandavia's appointment as Additional Executive Director with immediate effect from the same date.

Parameter: Details
Meeting Date: February 21, 2026
Meeting Duration: 11:00 A.M. to 11:30 A.M.
Appointment Effective: February 21, 2026
Position: Additional Director (Executive)
Scrip Code: 517356

New Director's Professional Background

Sanjay Natvarlal Mandavia brings significant aviation industry expertise to ACI Infocom's board. His professional journey encompasses multiple facets of the aviation sector, from operational roles to entrepreneurial ventures.

Career Highlights:

  • Former Senior Pilot and DGCA-approved Check Pilot at Kingfisher Airlines
  • Founder of Flight Simulation Techniques Centre (FSTC) after Kingfisher's closure in 2012
  • Launched FlyBig in 2021 to enhance regional connectivity across tier-2 and tier-3 cities
  • Pioneer in pilot simulation training in India

Governance and Independence

The company has disclosed that Mandavia maintains complete independence from existing board members, with no familial or professional relationships with current directors. This appointment aligns with corporate governance best practices, ensuring objective decision-making and diverse perspectives in board deliberations.

Regulatory Compliance

The appointment announcement was made in full compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also adhered to SEBI Circular No. SEBI/HO/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, providing comprehensive disclosure of the new director's background and qualifications. The official communication was signed by Managing Director Pradeep Natvarlal Dhanuka (DIN: 00326544).

This strategic appointment reflects ACI Infocom's commitment to enhancing its leadership capabilities and potentially exploring new business opportunities in the aviation and technology sectors.

Historical Stock Returns for ACI Infocom

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.23%-0.78%-23.81%-39.05%+357.14%

More News on ACI Infocom

1 Year Returns:-39.05%