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Aeries Technology Updates Executive Employment Agreements

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Aeries Technology ( (AERT) ) just unveiled an announcement.

On March 28, 2025, Aeries Technology Solutions, Inc. implemented revised employment agreements for its executive officers, including CEO Bhisham (Ajay) Khare, CFO and CIO Daniel S. Webb, and CTO Unnikrishnan Nambiar, reflecting changes in roles, responsibilities, and compensation. These agreements, effective from February 10, 2025, were approved by the Board of Directors and include provisions for base salary, incentive opportunities, equity awards, and severance payments, along with restrictive covenants. Additionally, at the 2025 Annual Meeting of Shareholders on March 27, 2025, all proposed resolutions were approved, including the appointment of directors and amendments to the 2023 Equity Incentive Plan, which increased the share reserve and adjusted the evergreen provision.

More about Aeries Technology

YTD Price Performance: -40.0%

Average Trading Volume: 69,894

Technical Sentiment Signal: Strong Buy

Current Market Cap: $25.84M

For detailed information about AERT stock, go to TipRanks’ Stock Analysis page.

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