Please find enclosed herewith the Notice of the 13th Annual General Meeting of the Company to be held on Tuesday, September 30, 2025, at 04:30 p.m.
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 Limited has called its 13th AGM for Tuesday, September 30, 2025, at 4:30 p.m. via Video Conferencing, with a voting cut-off date of September 23, 2025 and remote e-voting open from September 27 to September 29, 2025. Shareholders will consider adoption of the audited financial statements for FY2024-25 and the re-appointment of Mr. Gaurav Sharma (DIN: 01650857), Managing Director and CFO, who retires by rotation and holds 1.81% of the company's shares. A special resolution seeks to amend the Memorandum of Association to add a new object clause allowing the company to trade, deal, and invest in financial instruments, derivatives, commodities, currencies, and securities in India and abroad, though IPO proceeds (raised in July 2025) will not be used for this new activity. Additionally, M/s Abhishek Gupta & Associates are proposed to be appointed as Secretarial Auditors for a five-year term (FY2025-26 to FY2029-30) with a proposed remuneration of Rs. 30,000 per year for FY2025-26.
The MOA amendment is the most material item, signalling a potential future diversification into financial markets and trading activities beyond the company's current scope, which could reshape its business profile. The re-appointment of the MD/CFO ensures leadership continuity, while the secretarial auditor appointment is largely routine compliance. Shareholders may want to assess the strategic rationale and risks of expanding into financial instruments and derivatives trading.