Acetech E-Commerce Limited Announces Changes in Board Directorships and Committee Memberships

Acetech E-Commerce Limited Announces Changes in Board Directorships and Committee Memberships​

Acetech E-Commerce Limited has announced significant changes within its Board of Directors following a board meeting held on June 02, 2026. The company reported the resignation of an Independent Director and the subsequent appointment of Umesh Mane to the board, leading to the reconstitution of several key committees.

Mr. Manish Rawal, Non-Executive Independent Director, tendered his resignation from Acetech E-Commerce Limited due to personal reasons and commitments. His resignation was accepted by the Board and is effective as of June 02, 2026. Following his departure, Mr. Rawal ceased to hold positions within several key committees, including the Audit Committee and Corporate Social Responsibility Committee, and as a member of the Nomination & Remuneration Committee and Stakeholder Relationship Committee.

The Board subsequently approved the appointment of Mr. Umesh Mane as an Additional Director in the category of Non-Executive Independent Director. This appointment is effective from June 02, 2026, for a initial term of five consecutive years, subject to shareholder approval at the ensuing General Meeting.

Mr. Mane's profile includes over a decade of experience across Sustainability, Corporate Social Responsibility (CSR), and Corporate Governance compliance. He holds an MBA from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, and a Master of Social Work (MSW) from Mumbai University (Nirmala Niketan). His current role is Program Manager (CSR) at Indigo Paints Limited, where he manages the company's entire CSR portfolio, focusing on ESG roadmaps and large-scale impact portfolios. Mr. Mane confirmed that he has no relationship with any Director or Key Managerial Personnel of Acetech E-Commerce Limited.

Committee Reconstitution​

In response to these changes in directorate, the Board of Directors reconstituted the Audit Committee, Nomination and Remuneration Committee, Stakeholder's Relationship Committee, and Corporate Social Responsibility Committee, effective June 02, 2026. Mr. Umesh Mane has been appointed to roles across several of these committees.

The composition of the reconstituted committees is as follows:

Audit Committee


Nomination and Remuneration Committee


Stakeholder's Relationship Committee


Corporate Social Responsibility Committee

ACETEC Stock Price Movement​

At 12:28 PM, Acetech E-Commerce Limited holds its value, with shares currently trading at ₹126.00 and registering zero percentage change in the live market. The equity maintains stability within a broad price band spanning from ₹100.80 to ₹151.20.