Leadership Exit at Ace Edutrend: Monendra Srivastava Steps Down as MD and CFO

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Ace Edutrend Ltd has announced the resignation of Monendra Srivastava from his dual role as Managing Director and Chief Financial Officer, marking a pivotal shift in the company’s leadership structure.

Background and Tenure

Srivastava joined Ace Edutrend in November 2018 and played a central role in steering the company’s digital education and IT consulting initiatives.
With over 14 years of experience in webbased startups, fintech, and education services, he was instrumental in shaping the firm’s techdriven strategy and operational resilience.
He also served on the boards of Mega Nirman & Industries Ltd and Incrosys Technologies Pvt Ltd, bringing crosssectoral insights to Ace Edutrend’s governance.

Strategic Contributions

Under his leadership, the company expanded its footprint in skill development, G2C platforms, and B2B education services.
Srivastava championed technology innovation and business coaching, aligning Ace Edutrend’s offerings with evolving market demands.

Transition and Outlook

The company has yet to announce a successor, though interim responsibilities may be distributed among existing board members.
His departure comes amid broader efforts to restructure and streamline operations following recent financial disclosures and auditor appointments.

Market Sentiment

Investors are expected to monitor upcoming board decisions closely, as leadership continuity will be key to sustaining growth and stakeholder confidence.

Sources: Ace Edutrend Corporate Website, Value Research, MarketScreener, BSE Filings, Wall Street Journal India