Key Quantitative Figures
- Total Rights Equity Shares Issued: 54,71,101 shares
- Face Value per Share: ₹10
- Total Rights Issue Size: ₹6,018.21 Lakhs (₹60.18 Crore)
- Issue Price per Share: ₹110 (₹10 face value + ₹100 premium)
- Application Money Already Paid: ₹49.50 per share (₹4.50 face value + ₹45 premium)
- First Call Amount: ₹30.25 per share (₹2.75 face value + ₹27.50 premium)
- Total First Call Amount: ₹16.55 Crore (54,71,101 shares × ₹30.25)
- Remaining Balance After First Call: ₹30.25 per share (₹5.50 face value + ₹55 premium)
Dates of Action
- Rights Issue Record Date: Thursday, November 20, 2025
- Allotment Date: December 19, 2025
- Board Meeting Date: Tuesday, August 18, 2026
- First Call Record Date: Wednesday, August 26, 2026
- First Date of Payment: Wednesday, September 02, 2026
- Last Date of Payment: Wednesday, September 16, 2026
- Trading Suspension Date: Tuesday, August 25, 2026
Parties Involved
- Stock Exchange: BSE Limited
- Registrar: MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
- Escrow Bank: ICICI Bank Limited
- Depositories: NSDL and CDSL
Payment Instructions
Modes of Payment:
1. Online ASBA through SCSB websites
2. Physical ASBA at designated SCSB branches
3. Online using 3-in-1 trading-demat-bank accounts
4. Cheque/Demand Draft payable to:
- Resident Shareholders: Ace Software Exports Limited – First Call Money Resident Account
- Non-Resident Shareholders: Ace Software Exports Limited – First Call Money Non-Resident Account
Key Payment Rules:
- Cash payments not accepted
- No part payments accepted (may lead to forfeiture)
- Payments using third-party bank accounts liable to be rejected
- Cheques/Demand Drafts must be payable at local clearing centers
- Post-dated cheques not accepted
Consequences of Non-Payment
- Interest at 10% per annum payable for delays beyond September 16, 2026
- Shares including amount already paid liable to forfeiture
- Forfeiture will follow Companies Act, 2013, Articles of Association, and Letter of Offer provisions
Capital Structure Impact
- Current Partly-Paid Shares: Face value ₹10 each (₹4.50 paid-up) under ISIN: IN9849B01026
- New Partly-Paid Shares: Face value ₹10 each (₹7.25 paid-up) under new ISIN: IN9849B01034
- Trading in current ISIN suspended from August 25, 2026
- New ISIN trading expected to commence within 2 weeks after payment deadline
Additional Information
- The notice is being sent electronically to shareholders with registered email addresses
- Physical copies sent to shareholders without email registration or who requested hard copies
- 54 SCSBs (Self-Certified Syndicate Banks) are authorized to process ASBA applications
- Shareholders must provide PAN details with payment
- All correspondence to be addressed to MUFG Intime India Private Limited