Pace E-Commerce Ventures Limited has issued a clarification letter to BSE Limited regarding recent movements in its share price, dated April 09, 2026. The communication was made in response to an inquiry from the stock exchange dated April 08, 2026, addressing significant price fluctuations in the company's shares.

Regulatory Compliance Statement

The company emphasized its consistent adherence to disclosure requirements under the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management stated that all material information bearing on the company's operations and performance, including price-sensitive information, has been disclosed to the stock exchange within stipulated timeframes.

Management's Position on Price Movement

The management clarified that they are not aware of any specific factors contributing to the significant movement in share prices. According to the company's statement, the price fluctuations are purely market-driven and may result from a combination of various factors including prevailing market conditions. The management explicitly stated that they have no connection with the share price movements.

Corporate Information and Compliance

The clarification letter was signed by Shaival Dharmendra Gandhi, Managing Director (DIN: 02883899), on behalf of the company. The document was digitally signed and submitted to BSE's Listing Department at P. J. Towers, Dalal Street, Fort, Mumbai. The company operates with its corporate office in Ahmedabad, Gujarat, and registered office in Pune, Maharashtra.

Commitment to Transparency

Pace E-Commerce Ventures reiterated its commitment to maintaining transparency and regulatory compliance. The company assured that it will continue to keep the stock exchange informed of any material developments as required under SEBI Listing Regulations. This proactive communication demonstrates the company's dedication to maintaining investor confidence through timely and appropriate disclosures.

Pace E-Commerce Ventures Limited has published mandatory newspaper advertisements for its proposed registered office relocation from Maharashtra to Gujarat, following regulatory compliance requirements under the Companies Act, 2013.

Shareholder Approval and Regulatory Compliance

The company obtained necessary shareholder approval through a special resolution passed at its 10th Annual General Meeting held on 27th September, 2025. This approval authorized the shift of the registered office from the "State of Maharashtra" to the "State of Gujarat".

In accordance with Rule 30(5)(a) of the Companies (Incorporation) Rules 2014, the company published Form INC-26 on 04th March, 2026 in newspapers with wide circulation in the state where the registered office is currently situated.

Publication Details

The mandatory advertisement was published in the following newspapers:

Corporate Information

The company's current registered office is located at Anugrah Bunglow, Street 4, Pallod Farms II, Shambhu Vihar Society, Nankude Vasti, Aundh, Pune, Maharashtra - 411045. The corporate office is situated at 423, Block-C, 1/1, Sumel-11, Indian Textile Plaza, Shahibaug, Ahmedabad, Gujarat, India, 380004.

BSE Disclosure

Pace E-Commerce Ventures Limited submitted this disclosure to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company acknowledged that the disclosure was submitted with a delay due to inadvertent oversight.

The communication was signed by Shaival Dharmendra Gandhi, Managing Director (DIN: 02883899), and submitted to the Department of Corporate Relations at BSE Limited on 17th March, 2026. The company's scrip code on BSE is 543637.

Public Notice Requirements

As part of the regulatory process, the company has invited objections from any person whose interest may be affected by the proposed change. Interested parties can file objections on the MCA-21 portal or submit them to the Regional Director, Navi Mumbai, Western Region Directorate-II, within fourteen days of the publication date.