Nexta Enterprises LLP has increased its shareholding in ACS Technologies Limited to 7.27% of the total voting capital following the conversion of warrants into equity shares. The acquisition, which was disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, involved the allotment of 50,00,000 shares on July 03, 2026. This transaction marks a significant change in the company's shareholding structure as the acquirer moves from holding convertible instruments to holding equity shares.

Prior to the acquisition, Nexta Enterprises LLP held 1,25,00,000 warrants, which represented 20.58% of the total share capital and 12.45% of the total diluted share capital. The acquirer did not hold any shares carrying voting rights before this transaction. The conversion of these warrants has resulted in the acquirer now holding 50,47,424 equity shares carrying voting rights, while retaining 75,00,000 warrants that are yet to be converted.

The equity share capital of ACS Technologies Limited has increased as a result of this allotment. Before the acquisition, the total equity share capital stood at Rs. 60,74,19,480, consisting of 6,07,41,948 equity shares of Rs.10 each. Post-acquisition, the equity share capital has risen to Rs. 69,43,69,480, comprising 6,94,36,948 equity shares of Rs.10 each. The total diluted share capital of the company, assuming full conversion of outstanding convertible securities, is now Rs. 1,00,43,19,480.

The following table details the changes in the acquirer's holdings before and after the transaction:

Nexta Enterprises LLP has confirmed that it does not belong to the promoter or promoter group of ACS Technologies Limited. The disclosure was submitted to the Bombay Stock Exchange Limited by Shilpi Gunjan, Company Secretary & Compliance Officer of ACS Technologies Limited, to ensure compliance with regulatory requirements.

ACS Technologies approved an additional working capital term loan of ₹4.09 crore from HDFC Bank Limited under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 during its board meeting on June 25, 2026. The company also enhanced the existing corporate guarantee provided to its subsidiary, Iotiq Innovations Private Limited, by ₹89 lakh in favour of State Bank of India. These decisions aim to bolster liquidity and support the subsidiary's credit facilities, which will now aggregate to ₹5.39 crore.

Loan Approval Details

The board sanctioned the following financial facility to meet working capital requirements:

The facility is secured by the extension of existing securities in favour of the bank.

Corporate Guarantee Enhancement

The board approved the enhancement of the corporate guarantee issued to Iotiq Innovations Private Limited. The existing guarantee of ₹4.50 crore was increased by an additional ₹89 lakh in favour of State Bank of India. Consequently, the total credit facilities availed by the subsidiary will rise to ₹5.39 crore.

Corporate Social Responsibility Committee

Additionally, the board constituted a Corporate Social Responsibility (CSR) Committee for the financial year commencing from 2026. The committee comprises three members appointed to oversee the company's CSR duties and responsibilities.