Ace Alpha Tech AGM votes and auditors
BSE: 544431IT - SoftwareSmall Cap
Ace Alpha Tech Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jul 2025
Last close ₹162.70up ₹1.50 (0.93%)
Share price at the BSE close on 30 Oct 2026. Previous close ₹161.20.
30 Oct: open ₹167.80, high ₹169.80, low ₹158.00
52-week range of traded prices to 30 Oct 2026
₹80.05Low, 27 Jan 2026₹185.50High, 21 Oct 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹286 Cr2,479th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 14.41
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.52
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 27.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 46,000
Ace Alpha Tech AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Ace Alpha Tech share news and announcements
Annual general meeting, 24 Sep 2026
308 shareholders on the register on 17 Sep 2026; present: 1 promoter and 25 others; votes counted by CS NAVEEN KUMAR / N. KUMAR & ASSOCIATES.The company's voting result
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the report of the Auditors and the Directors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
- To re-appoint Ms. Chandni Sharma (DIN: 07227240), Director of the Company, who retires by rotation as Director and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
- To appoint M/s S. Agarwal & Company, Chartered Accountants as the Statutory Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
- To alter the Articles of Association (AoA) of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
To consider and approve the increase in limit in order to sell, lease or otherwise dispose of the whole or substantially the whole of the undertaking of the Company under Section 180(1) (a) of the Companies Act, 2013MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
- To consider and approve the increase in borrowing power of the Board under Section 180(1) (c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
- To consider and approve the increase in limits for the loans and investments by the Company in terms of the provisions under Section 186 of the Companies Act, 2013Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.69% · promoters 100.00% · institutions 0.00% · other public 67.36%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How money raised was used
Reported for the quarter to Sep 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Spent elsewhere, amount | Reason and comments |
|---|---|---|---|---|---|---|---|
| Public IssuesJul 2025, checked by Care Ratings Limited Note: Our Company has voluntarily appointed a Monitoring Agency vide agreement and consent dated May 23, 2025, for monitoring the utilisati | 24.48 | As disclosed under the chapter “Objects of the Issue” in the Prospectus, the total estimated public issue expenses were Rs. 3,86,48,000, out of which Rs. 3,46,37,100 was to be borne by the Company from the fresh issue proceeds and Rs. 40,10,900 was to be borne by the Selling Shareholders towards the Offer for Sale (OFS) portion. However, due to an inadvertent presentation error in the Prospectus, the OFS portion of Rs. 40,10,900 was also included under the “Fresh Issue – Issue Expenses” head, resulting in duplication of this amount and leaving it unearmarked. Up to the quarter ended March 31, 2026, the Company had fully utilised Rs. 3,46,37,100 towards issue expenses from the fresh Issue proceeds and Rs. 40,10,900 towards OFS proceeds as stated in the prospectus. Subsequently, the Company has earmarked Rs. 40,10,900 towards the “Capital Expenditure – Human Resources Head” object of the Issue, pursuant to approval by the shareholders through a Special Resolution passed via postal ballot, effective June 21, 2026. Accordingly, the revised allocation under the “Capital Expenditure – Human Resources” is as mentioned above. Consequent to the increase in capital expenditure, the total revised cost has also increased accordingly. Additionally, the implementation timelines disclosed in the Prospectus were based on the projected business growth plans, anticipated operational expansion and estimated deployment requirements prevailing at the relevant time. Accordingly, in order to facilitate efficient, phased and need-based utilisation of the IPO proceeds earmarked towards “Capital Expenditure”, including the reallocated amount, it was decided to extend the timeline for utilisation of such proceeds up to the financial year 2027-28. Also, pursuant to a post-listing review, it had been noted that certified second-hand or refurbished hardware and server infrastructure, when sourced from established vendors with appropriate performance assurances, is a reliable and cost-efficient alternative. Accordingly, it was decided to modify the said restriction so as to permit procurement of such hardware and server/server infrastructure from the IPO proceeds allocated towards Capital Expenditure. | 12.90 | 10.65 | Yes | 0.40 | As disclosed under the chapter “Objects of the Issue” in the Prospectus, the total estimated public issue expenses were Rs. 3,86,48,000, out of which Rs. 3,46,37,100 was to be borne by the Company from the fresh issue proceeds and Rs. 40,10,900 was to be borne by the Selling Shareholders towards the Offer for Sale (OFS) portion. However, due to an inadvertent presentation error in the Prospectus, the OFS portion of Rs. 40,10,900 was also included under the “Fresh Issue – Issue Expenses” head, resulting in duplication of this amount and leaving it unearmarked. To rectify this, it was decided to earmark the said amount (i.e. Rs. 40,10,900/-) to “Capital Expenditure – Human Resources Head”. This was in line with the flexibility provided in the Prospectus for utilisation of funds across the stated objects, subject to applicable laws and approvals. Additionally, the implementation timelines disclosed in the Prospectus were based on the projected business growth plans, anticipated operational expansion and estimated deployment requirements prevailing at the relevant time. Accordingly, in order to facilitate efficient, phased and need-based utilisation of the IPO proceeds earmarked towards “Capital Expenditure”, including the reallocated amount, it was decided to extend the timeline for utilisation of such proceeds up to the financial year 2027-28. Also, pursuant to a post-listing review, it had been noted that certified second-hand or refurbished hardware and server infrastructure, when sourced from established vendors with appropriate performance assurances, is a reliable and cost-efficient alternative. Accordingly, it was decided to modify the said restriction so as to permit procurement of such hardware and server/server infrastructure from the IPO proceeds allocated towards Capital Expenditure. The aforesaid variations did not involve any change in the original objects of the Issue or the overall utilisation of IPO proceeds. It was considered to be in the best interests of the Company and its stakeholders.MoreLessAudit committee: As at September 30, 2026, the Company has utilised Rs. 2263.16 lakhs out of the total fresh issue proceeds raised through its IPO. The Monitoring Agency’s report for the relevant period is awaited. The statement of deviation/variation in utilisation of IPO proceeds has been considered by the Audit Committee for submiting to the Stock Exchange(s) in the prescribed format in accordance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI Master Circular. The comments/report of the Monitoring Agency shall be submitted to the Stock Exchange(s) within the prescribed timelines upon receipt, as applicable.MoreLess |
| Public IssuesJul 2025, checked by Care Ratings Limited Note: Our Company has voluntarily appointed a Monitoring Agency vide agreement and consent dated May 23, 2025, for monitoring the utilisati | 24.48 | Unidentified Acquisition and General Corporate Purposes | 8.12 | 8.12 | Yes | As disclosed under the chapter “Objects of the Issue” in the Prospectus, the total estimated public issue expenses were Rs. 3,86,48,000, out of which Rs. 3,46,37,100 was to be borne by the Company from the fresh issue proceeds and Rs. 40,10,900 was to be borne by the Selling Shareholders towards the Offer for Sale (OFS) portion. However, due to an inadvertent presentation error in the Prospectus, the OFS portion of Rs. 40,10,900 was also included under the “Fresh Issue – Issue Expenses” head, resulting in duplication of this amount and leaving it unearmarked. To rectify this, it was decided to earmark the said amount (i.e. Rs. 40,10,900/-) to “Capital Expenditure – Human Resources Head”. This was in line with the flexibility provided in the Prospectus for utilisation of funds across the stated objects, subject to applicable laws and approvals. Additionally, the implementation timelines disclosed in the Prospectus were based on the projected business growth plans, anticipated operational expansion and estimated deployment requirements prevailing at the relevant time. Accordingly, in order to facilitate efficient, phased and need-based utilisation of the IPO proceeds earmarked towards “Capital Expenditure”, including the reallocated amount, it was decided to extend the timeline for utilisation of such proceeds up to the financial year 2027-28. Also, pursuant to a post-listing review, it had been noted that certified second-hand or refurbished hardware and server infrastructure, when sourced from established vendors with appropriate performance assurances, is a reliable and cost-efficient alternative. Accordingly, it was decided to modify the said restriction so as to permit procurement of such hardware and server/server infrastructure from the IPO proceeds allocated towards Capital Expenditure. The aforesaid variations did not involve any change in the original objects of the Issue or the overall utilisation of IPO proceeds. It was considered to be in the best interests of the Company and its stakeholders.MoreLessAudit committee: As at September 30, 2026, the Company has utilised Rs. 2263.16 lakhs out of the total fresh issue proceeds raised through its IPO. The Monitoring Agency’s report for the relevant period is awaited. The statement of deviation/variation in utilisation of IPO proceeds has been considered by the Audit Committee for submiting to the Stock Exchange(s) in the prescribed format in accordance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI Master Circular. The comments/report of the Monitoring Agency shall be submitted to the Stock Exchange(s) within the prescribed timelines upon receipt, as applicable.MoreLess | |
| Public IssuesJul 2025, checked by Care Ratings Limited Note: Our Company has voluntarily appointed a Monitoring Agency vide agreement and consent dated May 23, 2025, for monitoring the utilisati | 24.48 | Issue Related Expenses | 3.86 | 3.86 | Yes | As disclosed under the chapter “Objects of the Issue” in the Prospectus, the total estimated public issue expenses were Rs. 3,86,48,000, out of which Rs. 3,46,37,100 was to be borne by the Company from the fresh issue proceeds and Rs. 40,10,900 was to be borne by the Selling Shareholders towards the Offer for Sale (OFS) portion. However, due to an inadvertent presentation error in the Prospectus, the OFS portion of Rs. 40,10,900 was also included under the “Fresh Issue – Issue Expenses” head, resulting in duplication of this amount and leaving it unearmarked. To rectify this, it was decided to earmark the said amount (i.e. Rs. 40,10,900/-) to “Capital Expenditure – Human Resources Head”. This was in line with the flexibility provided in the Prospectus for utilisation of funds across the stated objects, subject to applicable laws and approvals. Additionally, the implementation timelines disclosed in the Prospectus were based on the projected business growth plans, anticipated operational expansion and estimated deployment requirements prevailing at the relevant time. Accordingly, in order to facilitate efficient, phased and need-based utilisation of the IPO proceeds earmarked towards “Capital Expenditure”, including the reallocated amount, it was decided to extend the timeline for utilisation of such proceeds up to the financial year 2027-28. Also, pursuant to a post-listing review, it had been noted that certified second-hand or refurbished hardware and server infrastructure, when sourced from established vendors with appropriate performance assurances, is a reliable and cost-efficient alternative. Accordingly, it was decided to modify the said restriction so as to permit procurement of such hardware and server/server infrastructure from the IPO proceeds allocated towards Capital Expenditure. The aforesaid variations did not involve any change in the original objects of the Issue or the overall utilisation of IPO proceeds. It was considered to be in the best interests of the Company and its stakeholders.MoreLessAudit committee: As at September 30, 2026, the Company has utilised Rs. 2263.16 lakhs out of the total fresh issue proceeds raised through its IPO. The Monitoring Agency’s report for the relevant period is awaited. The statement of deviation/variation in utilisation of IPO proceeds has been considered by the Audit Committee for submiting to the Stock Exchange(s) in the prescribed format in accordance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI Master Circular. The comments/report of the Monitoring Agency shall be submitted to the Stock Exchange(s) within the prescribed timelines upon receipt, as applicable.MoreLess |
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.