Announced Mon, 27 Jul · 17:08 IST
Board okays Q1 results, Rs 50 cr rights issue plan, director changes
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 Q1 FY27 revenue Rs 0.30 mn vs nil YoY; PAT Rs 0.09 mn profit vs Rs 0.45 mn loss. Board approved 6x hike in authorised capital to Rs 60 cr and proposed Rs 50 cr rights issue. New independent director Pranshu Poddar appointed; Ramanuj Darak resigned citing personal reasons. 32nd AGM set for Aug 25.
Likely market impact
Big capital raise may dilute existing holders; Q1 profit swing is positive but revenue base is very thin.