Ace Alpha Tech Limited adopted its audited financial statements for the fiscal year ended March 31, 2026, during its 14th Annual General Meeting held on September 24, 2026.

The meeting, conducted via Video Conferencing/Other Audio-Visual Means, was chaired by Gaurav Sharma, Chairman and Managing Director. The proceedings confirmed the requisite quorum and addressed both ordinary and special business items as outlined in the notice.

Ordinary Business Resolutions

Shareholders approved the adoption of the audited financial statements along with the reports of the Board of Directors and Auditors. The Statutory Auditors’ Report for FY26 contained no observations, qualifications, or adverse remarks regarding the company’s financial statements.

The members re-appointed Chandni Sharma (DIN: 07227240) as Director, who retired by rotation and offered herself for re-appointment. Additionally, the appointment of S. Agarwal & Company, Chartered Accountants, as Statutory Auditor was approved for a term of five consecutive years, from the conclusion of this AGM until the conclusion of the 19th Annual General Meeting.

Special Business Approvals

The following special resolutions were transacted:

• Approval to alter the Articles of Association (AoA) of the company.
• Approval to increase the limit for selling, leasing, or otherwise disposing of the whole or substantially the whole of the undertaking under Section 180(1)(a) of the Companies Act, 2013.
• Approval to increase the borrowing power of the Board under Section 180(1)(c) of the Companies Act, 2013.
• Approval to increase limits for loans and investments under Section 186 of the Companies Act, 2013.

Meeting Proceedings and Attendance

Priyanka, Company Secretary and Compliance Officer, facilitated the meeting. Key attendees included Tejinder Singh, Chief Financial Officer; Lalit Aggarwal from Lalit Aggarwal & Company, the outgoing Statutory Auditors; Abhishek Gupta from Abhishek Gupta & Associates, Secretarial Auditors; and Naveen Kumar, Practicing Company Secretary.

Remote e-voting was available from September 21, 2026, to September 23, 2026. One shareholder registered to speak but did not attend. The Chairman briefed members on financial and operational developments for FY26 and shared the company’s future vision. Voting results were to be declared subsequently on the company website and forwarded to BSE Limited.

Ace Alpha Tech has scheduled its 14th Annual General Meeting (AGM) for Thursday, September 24, 2026. The meeting will address the appointment of new statutory auditors, alterations to the Articles of Association, and significant increases in borrowing and investment limits.

The Board of Directors approved these proposals during its meeting held on August 27, 2026. The AGM will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with regulatory provisions.

Auditor Appointment Details

The company seeks shareholder approval to appoint M/s. S. Agarwal & Company as its statutory auditor for a five-year term. This appointment replaces M/s. Lalit Agarwal & Co, whose second term expires upon the conclusion of the ensuing AGM.

S. Agarwal & Company, established in 1971, brings over 54 years of experience in statutory, internal, and concurrent audits. The Audit Committee recommended the appointment based on the firm’s extensive experience in audit, taxation, and corporate advisory services.

Articles of Association Alteration

The Board also approved alterations to the company’s Articles of Association (AoA). The proposed change involves inserting a new Article 71A after the existing Article 71.

This alteration intends to levy fees for the inspection of registers, indices, books of accounts, and other records maintained by the company. The fees will not exceed the maximum amount prescribed under the Companies Act, 2013, or rules made thereunder. No fee will be charged where inspection or extraction is required to be provided without payment under applicable law.

Increased Borrowing and Investment Limits

Shareholders will vote on special resolutions to increase the company’s borrowing power and investment limits under Sections 180(1)(a), 180(1)(c), and 186 of the Companies Act, 2013.

The Board seeks approval to:

• Increase the limit for selling, leasing, or disposing of the undertaking up to ₹1,000 crore.
• Increase borrowing powers up to ₹1,000 crore, including money already borrowed.
• Increase limits for loans and investments by the company up to ₹1,000 crore.

These approvals are intended to support the company’s present and future business requirements, expansion plans, and proposed investments.

Director Re-appointment

Ms. Chandni Sharma (DIN: 07227240) retires by rotation as a director and offers herself for re-appointment. She serves as a Non-Executive Non-Independent Director and is a member of the Nomination and Remuneration Committee.

Upcoming Shareholder Meeting

The 14th AGM is scheduled for Thursday, September 24, 2026, at 4:30 pm. Remote e-voting will be available from Monday, September 21, 2026, to Wednesday, September 23, 2026. The cut-off date for voting eligibility is Thursday, September 17, 2026.