Announced Mon, 27 Jul · 17:19 IST
Board approves Q1 results, proposes Rs 50 Cr Rights Issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
ACE Edutrend approved Q1 FY27 results with revenue of Rs 0.30 mn and PAT of Rs 0.09 mn, turning around from prior losses. Board increased authorized capital from Rs 10 Cr to Rs 60 Cr and proposed a Rights Issue of up to Rs 50 Cr. AGM set for August 25, 2026. New Independent Director appointed, one resigned. Auditor gave clean review report.
Likely market impact
Large Rights Issue may dilute existing shareholders; Q1 turnaround is positive but revenue base remains very small.