ACE Edutrend Limited has announced a postal ballot process to seek shareholder approval for the regularization of an Additional Director appointment. The company issued the postal ballot notice on January 12, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointment Details

The postal ballot seeks approval for appointing Mr. Prasanna Laxmidhar Mohapatra (DIN: 09528267) as Non-Executive Independent Director through a special resolution. The appointment was initially made effective from November 14, 2025, and now requires shareholder ratification.

E-Voting Schedule and Process

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Shareholders will vote exclusively through electronic means, with no physical postal ballot forms being dispatched.

Director Profile and Qualifications

Mr. Prasanna Laxmidhar Mohapatra, aged 57 years, brings substantial experience in management and corporate affairs. He holds a B.Com degree and Master's in Social Work (MSW), with expertise in retail and education service industries.

Current Directorships:

• Mansa BPO Services Private Limited
• Virtual Global Education Limited
• IKF Green Fuel Limited

The director has no shareholding in ACE Edutrend Limited and maintains no inter-se relationships with other directors or key managerial personnel.

Regulatory Compliance and Voting Eligibility

The postal ballot notice complies with Sections 108 and 110 of the Companies Act, 2013, and applicable SEBI regulations. Mr. Chandan Jha, Practicing Company Secretary (ACS No: 62350), has been appointed as scrutinizer to oversee the voting process.

Shareholders whose names appear in the register of members as of the cut-off date (January 2, 2026) are eligible to participate in the e-voting process. The voting rights will be proportionate to shareholding in the company's paid-up equity share capital.

Document Availability

The complete postal ballot notice is available on the company's website at www.aceedutrend.co.in and NSDL's e-voting platform at www.evoting.nsdl.com . The resolution, if approved by requisite majority, will be deemed passed on February 11, 2026.

ACE Edutrend Limited announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, during a board meeting held on January 12, 2026. The education sector company reported continued losses while making several important corporate governance decisions.

Financial Performance for Q3FY26

The company's financial performance for the quarter ended December 31, 2025, showed persistent challenges with no revenue generation from operations.

The company's expenses for Q3FY26 comprised employee benefits expense of ₹0.32 lacs and other expenses of ₹0.92 lacs. Despite generating no operational revenue, the company showed improvement in cost management with total expenses declining from ₹1.92 lacs in Q3FY25 to ₹1.24 lacs in Q3FY26.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, ACE Edutrend's financial position reflected continued operational challenges.

The nine-month period showed increased expenses, particularly in employee benefits which rose significantly from ₹0.28 lacs to ₹1.40 lacs, contributing to higher overall losses.

Board Decisions and Corporate Actions

The board meeting addressed several critical corporate governance matters. Key decisions included approval of a postal ballot notice to seek shareholder approval for regularisation of Mr. Prasanna Laximdhara Mohapatra (DIN: 09528267) as Additional Director, who was appointed on November 14, 2025.

Significantly, the board decided to cancel and withdraw the previously proposed increase in authorized share capital from ₹10.00 crores (1.00 crore equity shares of ₹10 each) to ₹50.00 crores (5.00 crore equity shares of ₹10 each), which was included in the board meeting notice dated August 28, 2025.

Committee Reconstitution

The company reconstituted its key board committees with uniform composition across all three committees:

Regulatory Compliance

ACE Edutrend confirmed compliance with SEBI regulations, stating no deviations or variations in the utilization of IPO proceeds. The company maintained its paid-up equity share capital at ₹91.61 lacs, consisting of equity shares with a face value of ₹10 each. The financial results were subject to limited review by statutory auditors Asha & Associates and received audit committee approval before board ratification.