ACS Technologies Limited has issued important updates regarding its Extraordinary General Meeting (EGM) notice and announced new work orders, signaling potential changes in its shareholding structure.

EGM Notice Update

The company has released an update to its EGM notice, originally held on October 15, 2025. The update primarily focuses on changes to the shareholding structure following a proposed preferential issue of warrants. Key highlights include:

• Significant changes in promoter and non-promoter shareholdings post-warrant conversion
• Inclusion of new non-promoter public shareholders
• Detailed breakdown of pre and post-issue shareholding percentages

Shareholding Changes

The updated notice reveals substantial shifts in the company's ownership structure. Here's a summary of the most notable changes:

The table assumes 100% conversion of warrants into equity shares within the stipulated time. Notably, while promoter shareholdings are set to decrease, significant increases are expected for some non-promoter entities, particularly Nexta Enterprises LLP.

New Work Orders

Alongside the EGM update, ACS Technologies announced two significant work orders:

1. Afcons Infrastructure Limited Order

   • Nature: Supply, Installation, Testing, and Commissioning of Security Equipment and Surveillance Systems
   • Value: ₹64.99 lakh
   • Timeframe: As per client requirement

2. Indian Navy Order

   • Nature: Supply & Installation of Security Gadgets
   • Value: ₹4.87 crore
   • Timeframe: As per client requirement

These orders represent a combined value of approximately ₹5.52 crore.

Implications

The preferential issue and subsequent changes in shareholding structure could signify a shift in the company's ownership. The dilution of promoter stakes and the significant increase in certain non-promoter holdings may lead to changes in the company's governance and strategic decision-making processes.

Furthermore, the new work orders, particularly the substantial contract with the Indian Navy, demonstrate ACS Technologies' presence in the security and surveillance sector, especially in government and infrastructure projects.

Investors and stakeholders may want to monitor these developments, as they could have implications for the company's future direction.

ACS Technologies Limited has announced the receipt of two significant work orders totaling ₹5.52 crore, showcasing the company's growing presence in the security equipment sector. The orders, received from the Indian Navy and Afcons Infrastructure Limited, underscore the company's capabilities in providing advanced security solutions.

Order Details

Indian Navy Contract

The larger of the two orders, valued at ₹4.87 crore, comes from the Indian Navy. This contract involves the supply and installation of security gadgets, highlighting ACS Technologies' role in enhancing national security infrastructure.

Afcons Infrastructure Limited Project

The second order, worth ₹64.99 lakh, was awarded by Afcons Infrastructure Limited. This project encompasses a comprehensive scope, including the supply, installation, testing, and commissioning of security equipment and surveillance systems. The contract specifically mentions the provision of cameras, baggage scanners, and turnstiles.

Execution and Compliance

Both orders are domestic in nature and will be executed according to the clients' specified timelines. ACS Technologies has confirmed that these contracts do not involve any related party transactions, nor do they have any connection to the company's promoter group.

Market Implications

These new contracts represent a positive development for ACS Technologies, potentially indicating growing demand for its security solutions in both government and private sectors. The diverse nature of the clients – from defense to infrastructure – suggests the company's ability to cater to various industry needs.

As the company moves forward with these projects, investors and market watchers may be keen to observe how these orders impact ACS Technologies' financial performance and market position in the future.