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Aeries Technology CFO Webb Sells 35,405 Shares at $0.65 per Share on 2025-09-02.
ByAinvest
Thursday, Sep 4, 2025 9:11 pm ET1min read
Aeries Technology, Inc. [AERT] has announced that its Chief Financial Officer and Chief Information Officer, Webb Daniel S., has disposed of 35,405 shares at a price of $0.65 per share on September 2, 2025.
Aeries Technology, Inc. (NASDAQ: AERT), a leading provider of AI-powered business transformation and Global Capability Center (GCC) services, has announced a significant expansion in India and Mexico. The company will add over 500 new roles across various functional areas, including technology, artificial intelligence, and finance, over the next 12 months. This expansion includes the opening of new offices in Mumbai, Bengaluru, Hyderabad, and Pune in India, and the continued scaling of operations in Guadalajara, Mexico.The announcement follows Aeries' strong financial performance, as reflected in its recent record quarterly earnings. Chief Executive Officer Ajay Khare stated, "Our robust financial performance gives us the confidence to accelerate investment in top-tier talent and next-generation capabilities. This expansion reflects the demand we're seeing from private-equity sponsors and their portfolio companies for AI-driven, scalable execution models."
In addition to the expansion announcement, Aeries' Chief Financial Officer and Chief Information Officer, Webb Daniel S., has disposed of 35,405 shares at a price of $0.65 per share on September 2, 2025. The transaction is part of the company's ongoing strategy to align executive compensation with shareholder interests.
This strategic move underscores Aeries' commitment to delivering integrated solutions across AI, technology services, and digital transformation, positioning the company as a preferred partner for private equity firms and their portfolio companies. By scaling in India and Mexico, Aeries aims to build a diverse, world-class workforce aligned with evolving client needs.
References:
[1] https://www.globenewswire.com/news-release/2025/09/04/3144470/0/en/Aeries-Technology-Announces-Major-Expansion-Plans-in-India-and-Mexico-Adding-500-New-Roles-to-Support-Global-Growth.html
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