The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhavi Sanjay Dhamsania
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Madhavi Sanjay Dhamsania, a member of the promoter group of Ace Software Exports Limited, has acquired 1,47,120 equity shares through an off-market inter-se transfer within the promoter group on 26 August 2025. Her individual holding in the company rose from 11,347 shares (0.09%) to 1,58,467 shares (1.15%) of the total equity capital. The acquisition triggered a disclosure under SEBI's Takeover Regulations because her stake crossed the 1% threshold in the financial year. The company's total share capital remains unchanged at Rs. 12.76 crore (1,27,65,904 equity shares of Rs. 10 each).
Since this is an internal reshuffle among promoter group members, the overall promoter group shareholding in the company remains unchanged. Minor impact expected on the stock price; the disclosure is largely procedural compliance.