as per attached pdf
Awaiting price reaction for this filing.
ACE Edutrend Ltd has filed its 31st AGM Notice and Annual Report for FY 2024-25 with BSE. The AGM will be held on Tuesday, September 30, 2025 at 12:00 PM via video conferencing. Shareholders will vote on several key items including adoption of FY25 audited financials, re-appointment of Ms. Himani Sharma as director, appointment of two new independent directors (Mrs. Anubha Chauhan and Mr. Ramanuj Murlinarayan Darak), and appointment of Mr. Rohan Mohan Agarwal as new Managing Director for a 5-year term. The notice also seeks shareholder approval for a major increase in authorized share capital from Rs. 10 crore to Rs. 50 crore and a Rights Issue of equity shares for up to Rs. 50 crore. The company has also appointed M/s Chandan Jha & Associates as Secretarial Auditors for five years starting FY 2025-26.
The Rights Issue of up to Rs. 50 crore may dilute existing shareholders' holdings but could raise significant capital for the company. The leadership change with a new Managing Director and two new independent directors, along with the fivefold increase in authorized share capital, signals upcoming fundraising or expansion plans that shareholders should evaluate.