AceVector Limited has announced significant changes in its leadership and board composition. Effective October 26, 2026, Mr. Prabhas Singh resigned as Company Secretary and Compliance Officer, and Mr. Madhvendra Shukla has been appointed to these roles. Additionally, Mr. Akhil Kumar Gupta’s designation changed from Nominee Director to Additional Non-Executive Director, pending shareholder approval.
Leadership Transitions at AceVector
AceVector Limited has formalized several key changes within its management and board structure, effective October 26, 2026. These appointments and designations are in line with the company’s commitment to robust corporate governance and compliance, as per SEBI Listing Regulations.
New Company Secretary Appointed
The Board of Directors accepted the resignation of Mr. Prabhas Singh from the positions of Company Secretary and Compliance Officer. This resignation, effective from October 26, 2026, was due to personal reasons and commitments as stated in his resignation letter. Concurrently, Mr. Madhvendra Shukla (Membership Number F-12097) has been appointed as the new Company Secretary and Compliance Officer, also effective October 26, 2026. Mr. Shukla brings extensive experience in corporate governance and regulatory compliance, with a background spanning 14 years and memberships with the Institute of Company Secretaries of India.
Director Designation Change
In another significant board development, Mr. Akhil Kumar Gupta (DIN: 00028728) has had his designation changed from Nominee Director to Additional Non-Executive Director. This change is subject to the approval of the company’s 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 in leadership roles across various corporate entities and is a nominee for B2 Professional Services LLP on the AceVector board.
Source: BSE
