ACS Technologies Ltd received listing approval from the Bombay Stock Exchange (BSE) for 49,50,495 equity shares. The approval covers shares issued on a preferential basis to non-promoters through the conversion of loans.

The allotment was made at a face value of ₹10 per share with a premium of ₹30.40 per share. This corporate action follows the company's application under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Allotment

The BSE granted approval vide letter Ref No. LOD/PREF/SS/FIP/978/2026-27 dated October 19, 2026. The shares bear distinctive numbers from 69436949 to 74387443. The transaction involves the conversion of existing loans into equity, thereby altering the capital structure of the company.

Regulatory Compliance and Next Steps

The exchange mandated that the company ensure compliance with Regulation 167 of SEBI (Issue of Capital and Disclosure Requirements) Regulations. Trading approval for these specific shares will be granted only after ACS Technologies files additional documents with the exchange.

The required filings include:

• Listing approval from the National Stock Exchange of India Ltd., if applicable.
• Confirmation letters from NSDL or CDSL regarding the crediting of shares to beneficiary accounts.
• Confirmation letters regarding the lock-in of pre-preferential holding, if applicable.

Additionally, any change exceeding two per cent of the total paid-up share capital requires the company to file the shareholding pattern in XBRL mode as per Regulation 31(1)(c) of SEBI LODR Regulations, 2015. The company must apply for trading approval within seven working days from the date of this listing approval to avoid penalties as specified in SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023.

ACS Technologies Limited held its 33rd Annual General Meeting on September 30, 2026, at 11:30 am through Video Conferencing and Other Audio-Visual Means, with 86 members in attendance. All 7 resolutions put to vote were passed with requisite majority.

The meeting was conducted in compliance with the Companies Act, 2013, and SEBI regulations. Chairman and Managing Director Ashok Kumar Buddharaju presided over the session. Key Managerial Personnel, including Chief Financial Officer A. Prabhakara Rao and Chief Executive Officer Vinoth Augustine, addressed shareholders on financial discipline and operational priorities for FY26.

Leadership addresses and strategic focus

The Chairman highlighted the company's performance during FY26, emphasising growth in technology and defence-oriented capabilities, along with strategic collaborations aimed at building a sustainable and scalable business model. The CEO detailed the company's focus on artificial intelligence, machine learning, cybersecurity, and digital transformation, stating that disciplined execution and innovation remain central to future growth.

Voting and scrutinizer details

Remote e-voting was open from September 26, 2026 (9:00 am IST) to September 29, 2026 (5:00 pm IST). Members who did not vote remotely could cast their votes electronically during the meeting via CDSL. The scrutinizer's report was issued by Ch. Veeranjaneyulu of VCSR & Associates (Membership No. F6121) on October 1, 2026, and submitted to BSE Limited on the same date by Compliance Officer and Company Secretary Shilpi Gunjan.

The record date for voting entitlement was September 24, 2026. As on that date, the total number of shareholders stood at 11,308. Of the 86 members who attended via video conferencing, 7 were from the promoter and promoter group and 79 were from the public category.

Resolutions passed

All 7 resolutions were passed with requisite majority. The following table summarises each resolution and its outcome:

Consolidated voting results

For Resolutions 1, 2, 4, 6, and 7, the combined votes polled across remote e-voting and AGM e-voting totalled 26,156,920, representing 37.67% of outstanding shares. Of these, 26,155,816 votes (99.9958%) were in favour and 1,104 votes (0.0042%) were against.

For Resolution 3 (alteration of the Memorandum of Association), total votes polled were 26,156,920, representing 86.2213% of outstanding shares. Of these, 26,155,814 votes (99.9958%) were in favour and 1,106 votes (0.0042%) were against.

For Resolution 5 (related party transactions with Sniggy Services), total votes polled were 26,156,920, representing 86.2213% of outstanding shares. Of these, 26,155,816 votes (99.9958%) were in favour and 1,104 votes (0.0042%) were against.

The promoter and promoter group cast 25,945,599 votes in favour across all resolutions, representing 100% of their held shares. Public institutions recorded zero votes polled across all resolutions.

Attendees and governance

The following directors and key personnel attended the meeting:

The statutory auditor from Gorantla & Co and secretarial auditor from VCSR & Associates were also present. The meeting concluded at 12:08 pm with a vote of thanks.