Please find attached herewith, outcome of the Board Meeting held on November 13, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ace Alpha Tech's board met on November 13, 2025 and approved two key items. First, the unaudited financial results for the half year ended September 30, 2025, along with the limited review report. Second, the acquisition of shares in Silverleaf Capital Services Private Limited, a technology-driven financial services and high-frequency trading firm using ML, AI, and low-latency trading systems. Ace Alpha Tech will buy up to 128 equity shares at Rs. 1,28,000 per share, totalling about Rs. 1.64 crore in cash, lifting its stake in Silverleaf to up to 6.70% (590 shares). The deal is not a related-party transaction and is expected to close within 15 working days. Silverleaf had a turnover of Rs. 33.38 crore in FY25 and a net worth of Rs. 24.29 crore as of March 31, 2025.
The acquisition is small in size (just ~1.5% of Silverleaf's equity for Rs. 1.64 crore) but strategically positions Ace Alpha Tech in algorithmic trading and AI-based financial services, potentially adding a new revenue stream. Investors will watch the H1 FY26 results for actual earnings performance; near-term stock reaction may be muted given the modest scale of the deal.