Allotment of 54,71,101 partly paid up Rights Equity Shares of face value of Rs. 10/- each (Rs. 4.50/- paid up) at a price of Rs. 110/- per Rights Equity Shares including a share premium ....
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Ace Software Exports has allotted 54,71,101 partly paid-up Rights Equity Shares at Rs. 110 each, comprising Rs. 10 face value plus Rs. 100 premium. Of the Rs. 110 per share, Rs. 49.50 (including Rs. 45 premium) has been paid on application, with the remaining Rs. 55.50 per share callable later by the Board. Following this allotment, the company's total equity share capital rises to 1,82,37,005 shares (1,27,65,904 fully paid-up plus 54,71,101 partly paid-up), worth about Rs. 15.23 crore. The Rights Issue was carried out under a Letter of Offer dated November 14, 2025, and the Board committee approved the allotment on December 19, 2025.
Share count expands by around 43%, which can dilute existing shareholders who did not fully subscribe to their rights entitlement. The partly paid-up structure means the company has pocketed roughly Rs. 27 crore upfront, with the balance call money to be raised in future tranches — supportive of funding needs but keeps future dilution/call risk open.