Aeries Technology shares surge 30.73% intraday as CTO moves to India subsidiary, CEO takes on CFO role, and shares registered for resale boost liquidity.
ByAinvest
Wednesday, Apr 1, 2026 10:57 am ET1min read
AERT--
Aeries Technology surged 30.73% intraday, driven by two key announcements: on March 26, the company announced that CTO Unnikrishnan Nambiar would transition to lead its India subsidiary on March 31, with CEO Bhisham Khare concurrently assuming the role of Chief Accounting Officer to strengthen governance. On March 30, Aeries updated its prospectus supplement, registering 53.8 million Class A ordinary shares and approximately 9.53 million private placement warrants for resale by existing shareholders, enhancing stock liquidity.
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