Ace Alpha Tech Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, in accordance with SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Submission

The company filed the mandatory certificate under Regulation 74(5) on April 07, 2026, through Company Secretary and Compliance Officer Priyanka. The certificate was issued by the company's Registrar and Transfer Agent, Skyline Financial Services Private Limited, confirming compliance with depositories regulations.

Demat Holdings Status

The demat status report reveals the distribution of shareholdings across depositories as of March 31, 2026:

The data shows internal movement of shares between depositories while maintaining the total shareholding at 17558194 shares.

Shareholder Distribution

As of March 31, 2026, the company's shareholding pattern comprised:

Transaction Activity

The certificate confirms that no share transfer requests were received or processed during the quarter ended March 31, 2026. This includes transfers, transmissions, transpositions, dematerializations, rematerializations, duplicates, splits, consolidations, and subdivisions.

Dematerialization Certificate

Skyline Financial Services Private Limited, acting as the Registrar and Transfer Agent, certified that no physical share certificates were received for dematerialization from depository participants during the quarter. This confirmation aligns with SEBI's regulatory requirements for listed companies to maintain transparency in share dematerialization processes.

Ace Alpha Tech Limited has submitted its quarterly monitoring agency report for Q3FY26, detailing the utilization of proceeds from its Initial Public Offering conducted in June 2025. The report, prepared by CARE Ratings Limited as the appointed monitoring agency, covers the quarter ended December 31, 2025.

IPO Proceeds Utilization Overview

The company raised ₹24.48 crore through its fresh issue, which was conducted from June 26, 2025, to June 30, 2025. During Q3FY26, Ace Alpha Tech utilized ₹3.39 crore, bringing the cumulative utilization to ₹13.12 crore since the IPO.

Object-wise Fund Deployment

The monitoring agency report reveals detailed utilization across the three primary objects outlined in the offer document:

Capital Expenditure: The company allocated ₹1.71 crore during the quarter, comprising ₹1.27 crore for construction of server facility and ₹0.44 crore for expansion of workforce through strategic hiring initiatives. This leaves ₹10.79 crore unutilized from the original allocation of ₹12.50 crore.

Unidentified Acquisition and General Corporate Purpose: Ace Alpha Tech deployed ₹1.68 crore for acquiring shares in Silverleaf Capital Services Private Limited and Silverleaf Securities Research Private Limited, following board approval. The total utilization under this category reached ₹7.78 crore, with ₹0.34 crore remaining from the original ₹8.12 crore allocation.

Issue Expenses: No additional amount was utilized during the quarter, maintaining the cumulative utilization at ₹3.63 crore against the allocated ₹3.86 crore, leaving ₹0.23 crore unutilized.

Deployment of Unutilized Proceeds

The company has strategically deployed the remaining ₹11.36 crore across various financial instruments to generate returns:

The deployment strategy reflects prudent financial management, with the company earning interest income while maintaining liquidity for future business requirements.

Compliance and Monitoring Assessment

CARE Ratings Limited confirmed that all IPO proceeds have been utilized appropriately according to the objectives mentioned in the offer document. The monitoring agency reported:

• No deviation from the objects disclosed in the offer document
• No material deviations requiring shareholder approval
• All utilization aligned with disclosed purposes
• Board approval obtained for fund utilization under unidentified acquisition

The company operates in the Information Technology - IT Enabled Services sector, with promoters Mr. Gaurav Sharma and Arika Securities Private Limited. The monitoring agency's assessment indicates proper governance and compliance with SEBI regulations regarding IPO proceeds utilization.

Implementation Timeline

The capital expenditure program continues as planned, with the offer document outlining deployment of ₹8.11 crore in FY26 and ₹5.56 crore in FY27. The monitoring agency noted no delays in implementation, with all objects progressing according to schedule. The company maintains flexibility in timing for unidentified acquisition and general corporate purposes, as no specific timeline was outlined in the offer document.