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.

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.

Ace Software Exports promoter Vaishali Amit Mehta has disclosed the sale of 1,34,379 equity shares in the company through open market transactions. The disposals took place between August 4 and August 11, 2026, as per filings submitted to the Bombay Stock Exchange (BSE) on August 12, 2026.

The transaction involves both fully paid-up and partly paid-up equity shares. Specifically, Mehta sold 42,120 fully paid-up equity shares and 92,259 partly paid-up equity shares. This move brings her total holding down from 9,21,685 shares to 7,87,306 shares.

Transaction Details

The sale was executed via the open market mechanism. Prior to this transaction, Mehta held 9,21,685 shares carrying voting rights, which constituted 4.94% of the company’s total share/voting capital and 5.05% of its diluted share/voting capital. There were no encumbrances, pledges, or liens on these holdings before or after the sale.

Following the disposal, her holding stands at 7,87,306 shares. This represents a reduction in her stake to 4.39% of the total voting capital and 4.32% of the diluted voting capital. The percentage drop reflects a decrease of 0.55% in terms of total voting capital and 0.74% in terms of diluted voting capital.

Capital Structure Context

Ace Software Exports’ equity share capital remains unchanged at ₹15,22,78,994.50 following the transaction. This capital consists of 1,27,65,904 fully paid equity shares with a face value of ₹10 each, and 54,71,101 partly paid equity shares with a face value of ₹10 each (paid-up value ₹4.50).

The total diluted share/voting capital of the company is valued at ₹18,23,70,050, comprising 1,82,37,005 equity shares of face value ₹10 each. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.