ACE Software Exports Ltd Calls Rs 30.25 Per Share on Partly Paid-Up Equity

ACE Software Exports Ltd will collect Rs 30.25 per share from holders of 54,71,101 partly paid-up equity shares. These shares were initially issued on a rights basis on December 19, 2025.

Reader Takeaway: Company seeks funds from specific shareholders; timely payment crucial for share finalization.

What just happened

The Board of Directors of ACE Software Exports Ltd has approved the first call for payment on its partly paid-up equity shares. A total of Rs 30.25 needs to be paid for each of the 54,71,101 shares outstanding.

Why this matters

Shareholders holding these partly paid-up shares must pay the called amount by the due date to avoid potential forfeiture or other consequences as per company policy. This action will convert the shares into fully paid-up equity.

The backstory

These shares were originally allotted on December 19, 2025, as part of a rights issue. The partly paid-up nature means that the full subscription amount was not paid at the time of allotment.

What changes now

Upon payment of the call amount, the 54,71,101 equity shares will become fully paid-up. This will finalize the capital infusion from these specific rights shares for the company.

The call amount of Rs 30.25 per share is broken down as follows:

• Face Value Adjustment: Rs 2.75
• Securities Premium Adjustment: Rs 27.50

Risks to watch

Shareholders who fail to make the payment by the deadline risk losing their investment in these partly paid-up shares. The company's Board or Fund Raising Committee can extend the payment period at its discretion.

Important Dates

Key dates for the call payment are:

• Record Date: August 26, 2026
• Payment Start Date: September 2, 2026
• Payment End Date: September 16, 2026

What to track next

Investors should watch for the formal Call Notice to be sent to eligible shareholders. The company may also announce any extension of the payment deadline if decided by the Board or Fund Raising Committee.