Ace Software Exports
214.35
+1.15(+0.54%)
Market Cap₹344.35 Cr
PE Ratio44.23
Company Performance:
1D+0.54%
1M-3.16%
6M-10.95%
1Y-12.60%
5Y+3,533.05%
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More news about Ace Software Exports
15Nov 25
Ace Software Exports Rights Issue: Promoter Stake Dilutes to 61.68%
Ace Software Exports successfully completed its rights issue allotment of 54.71 lakh partly paid-up shares worth ₹60.18 crores on December 19, 2025. The promoter group acquired 25.16 lakh shares but their collective shareholding diluted from 68.39% to 61.68% of the expanded share capital, triggering SEBI substantial acquisition disclosure requirements.
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26Sept 25
Ace Software Exports Approves ₹72 Crore Rights Issue and Acquires 70% Stake in Ed-Tech Firm
Ace Software Exports Limited has announced two strategic moves: a rights issue to raise up to ₹72.00 crore and the acquisition of a 70% stake in Theia Education Private Limited (TEPL) for ₹12.56 crore. The rights issue involves partly paid-up equity shares with a face value of ₹10.00 each. The acquisition of TEPL, an AI-driven education technology company, will be executed through a combination of share purchase and subscription. This move allows Ace Software Exports to diversify into the ed-tech sector, potentially opening up new revenue streams and growth opportunities.
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23Sept 25
Ace Software Exports to Consider Fundraising via Rights Issue in Upcoming Board Meeting
Ace Software Exports Limited has scheduled a Board of Directors meeting for September 26, 2025, to discuss potential fundraising through a rights issue or other permissible modes. The company will consider issuing equity shares or other securities. The trading window for insiders will be closed from September 23, 2025, until 48 hours after the board meeting outcome is announced, in compliance with SEBI regulations.
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12Sept 25
Ace Software Exports Establishes Wholly Owned Subsidiary in Dubai
Ace Software Exports Limited has incorporated a wholly owned subsidiary, QeDigital Gulf Software Services FZCO, in Dubai, UAE. The new entity, set up on September 11, 2025, has an authorized capital of AED 10,000 divided into 1,000 shares. It will focus on software development, IT services, and technology consulting, targeting the Middle East market. The subsidiary has not yet started operations. This move aligns with Ace Software's strategy to expand its global presence.
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27Aug 25
Ace Software Exports Secures GBP 51,000 Contract and Signs Strategic LOIs with UK Technology Enterprise
Ace Software Exports (Ace Softex) has announced strategic developments with a UK-based technology company. They secured a GBP 51,000 purchase order for technology services, signed an LOI to establish a Global Capability Center in India with a first-year engagement of GBP 360,000, and are exploring potential strategic investment opportunities. The UK partner is an Ofgem-accredited company with proprietary energy market platforms. These moves align with Ace Softex's global expansion strategy and aim to enhance service delivery capabilities and increase recurring revenue.
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19Jun 25
Ace Software Exports to Expand Global Footprint with New UAE Subsidiary
Ace Software Exports Ltd has received board approval to set up a wholly owned subsidiary in the United Arab Emirates (UAE). The new subsidiary will operate in the information technology sector, marking a strategic expansion into the Middle East market. This move aims to enhance the company's global presence, access new market opportunities, diversify revenue streams, and strengthen its competitive position in the international IT services landscape.
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02May 25
ACE Software Exports' Subsidiary Lands ₹2 Crore EV Charging App Contract from US Firm
ACE Software Exports' subsidiary, Ace Infoway Private Limited, has won a contract worth ₹2.00 crores (USD 239,000) from a leading US-based EV solutions company. The project involves developing an EV charging application and kiosk interface application, to be completed by March 2026. This international contract showcases the company's expertise in software development for the EV industry and could potentially open doors for future growth in the global market.
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01May 25
ACE Software Exports' Subsidiary Lands ₹2.00 Crore Contract from US EV Solutions Company
ACE Software Exports Limited's subsidiary, Ace Infoway Private Limited, has won a ₹2.00 crore (USD 239,000) contract from a leading US-based electric vehicle solutions company. The project involves developing an EV Charging Application and Kiosk Interface Application, to be completed by March 2026. This contract showcases ACE Software's capabilities in the EV industry and its potential for international expansion.
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09Apr 25
ACE Software Exports Completes Full Acquisition of AIPL for ₹12.90 Crore
ACE Software Exports Limited has acquired the remaining 60% stake in Ace Infoway Private Limited (AIPL) for ₹12.90 crore, making it a wholly-owned subsidiary. The acquisition, completed on April 9, 2025, involved purchasing 1,20,000 shares at ₹1,075.00 per share. This follows the earlier 40% stake acquisition announced in February 2024. AIPL, a 25-year veteran in the IT industry, specializes in Web/Software Services and offshore development. The move is expected to strengthen ACE Software Exports' IT service offerings and enhance shareholder value.
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Ace Software Exports
214.35
+1.15
(+0.54%)
1 Year Returns:-12.60%
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