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.

Ace Alpha Tech Limited has secured shareholder approval to alter the utilization of its Initial Public Offer (IPO) proceeds and extend the timeline for capital expenditure. The resolutions were passed through a postal ballot and remote e-voting process which concluded on June 21, 2026. The approvals allow the company to modify the terms of objects associated with its IPO and alter its Articles of Association (AoA) to provide greater flexibility in its management structure.

The postal ballot sought consent on three special resolutions. The primary resolution aimed to approve the variation in the utilization of IPO proceeds and the extension of the timeline for the utilization of capital expenditure. The second resolution concerned the variation in the terms of objects of the IPO, while the third resolution sought approval to alter the Articles of Association of the Company. The alteration includes the insertion of new Article 92A, permitting the Board to appoint an individual as Chairman and Managing Director or Chief Financial Officer simultaneously, even if the company undertakes multiple lines of business.

Voting Results

The Scrutinizer's Report confirmed that all three special resolutions were passed with the requisite majority. A total of 14,964,192 votes were polled, representing 85.2263% of the total outstanding shares. There were no votes cast against any of the resolutions, and no invalid votes were recorded.

Procedural Details

The remote e-voting facility was provided by Central Depository Services (India) Limited (CDSL). The voting period commenced on May 23, 2026, and concluded on June 21, 2026. Shareholders holding equity shares as on the record date of May 15, 2026, were eligible to participate in the e-voting process.

Naveen Kumar of M/s N. Kumar & Associates was appointed as the Scrutinizer to oversee the voting process. The votes were unblocked on June 22, 2026, in the presence of independent witnesses. The results have been submitted to BSE Limited and are available on the company's website.