Aeries Technology shares surge 22.75% intraday as CTO moves to India subsidiary, CEO takes on CFO role, and shares registered for resale boost liquidity.

Aeries Technology surged 22.75% intraday, driven by two key announcements: first, on March 26, the company announced that Chief Technology Officer Unnikrishnan Nambiar will relocate to lead the India subsidiary on March 31, with CEO Bhisham Khare concurrently assuming the role of Chief Financial Officer to strengthen governance. Second, on March 30, the company updated its prospectus supplement to register 53.8 million Class A common shares and approximately 9.53 million private placement warrants for resale by existing shareholders, enhancing stock liquidity.