ACE Software Exports Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/09/2025 ,inter alia, to consider and approve the proposal for raising ....
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Ace Software Exports Limited has informed BSE that its Board of Directors will meet on Friday, September 26, 2025. The main agenda is to consider and approve a proposal for raising funds by issuing equity shares or other securities through a rights issue and/or any other permissible mode, subject to regulatory approvals. The company has also closed its trading window for insiders and connected persons from September 23, 2025, until 48 hours after the board meeting outcome. No specific details on the size of the issue, pricing, or end-use of funds have been disclosed in this intimation.
This is a pre-announcement of a potential capital raise, so there is no immediate impact on shareholders. If approved, existing shareholders may get a chance to subscribe via a rights issue, which could dilute their holdings depending on the structure. Investors should wait for the board meeting outcome on September 26 for concrete details.