Archive · 25 Aug 2026
ACI Infocom Hits Upper Circuit Amid Aviation Transformation Plans
ACI Infocom is a very low-priced stock in India.
Its shares rose to ₹2.58 and trading stopped because they reached the daily 5% limit.
This was the sixth session in a row when the stock reached that limit.
The broader stock market was falling at the same time.
The company wants to expand into aviation and airline-related businesses.
These plans could include air transport, cargo, airports, aircraft maintenance, drones, and air taxis.
New proposed promoters have made an offer to buy 26% of the company.
Shareholders will discuss the plans at a special meeting on September 9, 2026.
The proposed changes still need shareholder and regulatory approvals.
ACI Infocom shares rose from ₹2.45 to ₹2.58, triggering a 5% upper circuit.
The stock reached its upper circuit for the sixth consecutive session despite declines in major Indian indices.
The company has proposed shifting its business focus toward aviation and allied services.
An extraordinary general meeting is scheduled for September 9, 2026, to seek shareholder approval.
Proposed acquirers have offered to buy 26% of the emerging voting share capital at ₹1.53 per share.
- Who
- ACI Infocom Limited, proposed acquirers Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia, and the company’s shareholders.
- What
- ACI Infocom shares hit a 5% upper circuit for the sixth consecutive session as the company proposed an aviation-focused transformation and an open offer for 26% of its emerging voting share capital.
- When
- The shares hit the upper circuit during Tuesday’s trading; the extraordinary general meeting is scheduled for September 9, 2026, at 2:00 p.m.
- Where
- On the Indian stock market, with the meeting details communicated to stock exchanges.
- Why
- Buying interest followed the company’s proposed acquisition, preferential allotment, change in business objects, and planned expansion into aviation and allied sectors.
- Stock
- ACI Infocom Limited
- Opening price
- ₹2.45 per share
- Intraday high
- ₹2.58 per share
- Upper circuit
- 5%, reached for the sixth consecutive session
- Open offer size
- Up to 3,70,47,634 equity shares, representing 26% of emerging voting share capital
- Open offer price
- ₹1.53 per equity share
- Extraordinary general meeting
- September 9, 2026, at 2:00 p.m.
- Approval status
- The proposed transaction remains subject to shareholder approvals, regulatory permissions, and other applicable requirements.