Ace Software Exports promoter sells 1.12 lakh shares in open market

Ace Software Exports Limited promoter Harilal Thakarshi Dhamsania-HUF disposed of 1,12,298 equity shares in the company through open market transactions executed between August 6 and 11, 2026. The sale reduces the promoter's stake from 1.54% to 1.05% of the total voting capital.

The disclosure was filed with the Bombay Stock Exchange on August 12, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved the sale of 42,120 fully paid-up equity shares and 70,178 partly paid-up equity shares.

Transaction Details

The promoter group entity held 2,86,786 shares carrying voting rights prior to the sale, accounting for 1.54% of the total share capital and 1.57% of the diluted share capital. None of these shares were encumbered or pledged.

Following the open market disposal, the holding stands at 1,74,488 shares. This represents 1.05% of the total voting capital and 0.96% of the diluted voting capital. The company’s total equity share capital remains unchanged at ₹15,22,78,994.50, consisting of 1,27,65,904 fully paid equity shares and 54,71,101 partly paid equity shares.

Metric	Before Sale	Shares Sold	After Sale
Shares Holding	2,86,786	1,12,298	1,74,488
% of Voting Capital	1.54%	0.48%	1.05%
% of Diluted Capital	1.57%	0.62%	0.96%

The disclosure confirms that no warrants, convertible securities, or other instruments entitling the seller to receive shares were involved in the transaction. The mode of sale was exclusively through the open market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.30%	+18.54%	+63.69%	-16.30%	-7.99%	+2,307.17%

Ace Software Exports promoter Pushpaben Jayantibhai Kalaria disposed of 89,825 equity shares in the open market between August 7 and 11, 2026. The sale reduces her holding in the company from 1.04% to 0.65% of the total voting capital.

The transaction was reported on August 12, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details the reduction in the promoter's stake through open market sales rather than off-market transfers or pledge releases.

Transaction Details

The seller, identified as part of the promoter group, executed the sale across five trading days. The breakdown of the shares sold includes both fully paid-up and partly paid-up equity shares.

Metric	Value
Shares Sold	89,825
Fully Paid-Up Shares	35,640
Partly Paid-Up Shares	54,185
Mode of Sale	Open Market
Sale Period	August 7–11, 2026

Holding Structure

Prior to the disposal, Pushpaben Jayantibhai Kalaria held 1,94,649 shares carrying voting rights, representing 1.04% of the total share capital and 1.07% of the diluted share capital. None of these holdings were encumbered by pledges or liens.

Following the sale, her remaining holding stands at 1,04,824 shares. This constitutes 0.65% of the total voting capital and 0.57% of the diluted voting capital. The company’s total equity share capital remains unchanged at ₹15,22,78,994.50, consisting of 1,27,65,904 fully paid equity shares and 54,71,101 partly paid equity shares.

What the Numbers Show

The sale represents a significant reduction in the promoter’s individual stake, with nearly half (46.1% of her pre-sale holding) being divested in a single week. However, given that the promoter’s post-sale holding remains below 1%, the transaction does not alter the overall control structure or significant shareholder composition of Ace Software Exports.