Ace Software Exports has scheduled a board meeting for Thursday, September 3, 2026. The gathering aims to address key corporate governance matters, including the planning of the ensuing annual general meeting.

The board will also consider significant adjustments to the company’s capital allocation strategy. Specifically, directors are set to review and approve a change in the objects of the issue, along with variations in how net proceeds from the rights issue of equity shares will be utilized. This variation deviates from the objects originally stated in the Letter of Offer dated November 14, 2025.

The intimation was issued under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mansi Sachin Patel, Company Secretary and Compliance Officer, signed the notice on August 31, 2026.

Agenda Details

The board meeting agenda comprises the following items:

• Discussing and deciding on holding the ensuing annual general meeting and related agenda items.
• Considering and approving the change in the Objects of the Issue and variation in the utilization of the net proceeds of the Rights Issue of Equity Shares from the objects stated in the Letter of Offer dated November 14, 2025.
• Any other business with the permission of the chair.

Ace Software Exports has issued a first call notice for ₹30.25 per share on 54.71 lakh partly paid-up rights equity shares. The company fixed Wednesday, August 26, 2026 as the record date for determining eligible shareholders.

The board approved the call amount at its meeting on Tuesday, August 18, 2026. This payment represents the second tranche of capital collection from the rights issue launched in November 2025.

Call Money Details

The total issue size of the rights equity shares is up to ₹6,018.21 lakh. Shareholders had previously paid ₹49.50 per share as application money. The remaining balance of ₹60.50 per share was payable in subsequent calls.

Trading in the partly paid-up shares (ISIN: IN9849B01026) was suspended effective Tuesday, August 25, 2026. New partly paid-up shares with a paid-up value of ₹7.25 will trade under a new ISIN within two weeks of the last payment date.

Payment Timeline and Modes

Shareholders must pay the first call money between Wednesday, September 2, 2026 and Wednesday, September 16, 2026. The company accepts payments through online or physical ASBA, 3-in-1 trading accounts, or cheques/demand drafts.

Late payments attract interest at 10% per annum. Failure to pay renders the shares liable for forfeiture under the Companies Act, 2013.

What the Numbers Show

The first call of ₹30.25 constitutes exactly half of the remaining balance due (₹60.50) per rights share. This structured repayment plan allows shareholders to settle the outstanding liability in two equal tranches after the initial application money.