Aeries Technology, Inc. - Class A Ordinary Share

CEO Ajay Khare brings operating depth from the legacy platform and holds an economic stake; founder‑chairman Venu Raman Kumar is the controlling shareholder. FY26 disclosed prior material weakness remediation in internal controls, which is a constructive step.

That said, the Class V special voting right and concentrated control, plus senior leadership turnover (CFO separation in March 2026), add governance complexity and key‑person reliance. Alignment is present, but entrenchment risk remains non‑trivial.