AceVector Limited has announced a change in its leadership, with the resignation of Mr. Prabhas Singh as Company Secretary and Compliance Officer, effective October 26, 2026. Concurrently, the company has appointed Mr. Madhvendra Shukla to the same role. This strategic move ensures continuity in compliance and governance, with Mr. Shukla bringing extensive experience in corporate secretarial matters and regulatory frameworks. The company also disclosed a change in Mr. Akhil Kumar Gupta’s designation to Additional Non-Executive Director.
Leadership Transition in Key Compliance Roles
AceVector Limited has officially announced key changes to its senior management team, specifically within its corporate secretarial and compliance functions. The Board of Directors, in a meeting held on October 26, 2026, accepted the resignation of Mr. Prabhas Singh from his positions as Company Secretary and Compliance Officer. This resignation is effective from the same date, October 26, 2026, citing personal reasons and commitments as detailed in his resignation letter dated October 23, 2026.
New Appointment and Governance Continuity
To ensure seamless transition and maintain robust governance, AceVector Limited has appointed Mr. Madhvendra Shukla as the new Company Secretary & Compliance Officer. This appointment, effective from October 26, 2026, designates him as a Key Managerial Personnel. Mr. Shukla is a qualified Company Secretary with 14 years of experience in corporate governance, regulatory compliance, and legal matters. He holds a Bachelor of Commerce and a Bachelor of Laws degree, complemented by a Post Graduate Diploma in Drafting, Negotiation & Enforcement of Contracts. His previous roles include working with prominent companies such as Reliance Brands Limited and Hero Future Energies Private Limited. The company has provided detailed disclosures regarding Mr. Shukla’s appointment, as per regulatory requirements.
Director Designation Change
In addition to the compliance leadership changes, the Board also approved a change in designation for Mr. Akhil Kumar Gupta (DIN: 00028728). He will transition from his role as Nominee Director to Additional Non-Executive Director. The company will further recommend his appointment as a Non-Executive Director to shareholders at the upcoming Annual General Meeting. Mr. Gupta, a fellow member of the Institute of Chartered Accountants of India, brings over 38 years of experience and has served on the boards of several leading companies.
Source: BSE
