06-Nov-2026 18:05:37

SHAREINDIAAcquisition and merger

SHAREINDIA : BOARD APPROVES AMALGAMATION OF ACE ALPHA TECH

• Board approved scheme of amalgamation of listed Ace Alpha Tech Ltd into Share India Securities under Sections 230–232 of the Companies Act, 2013 • Share exchange ratio: 863 fully paid equity shares of ₹2 each of Share India for every 1,000 equity shares of ₹10 each held in Ace Alpha Tech • Ace Alpha Tech builds algo trading software, OMS/RMS integration and trading solutions for institutional, HNI and retail traders • Transferor net worth ₹81.50 Cr and PAT ₹12.15 Cr for period ended Sept 30, 2026; total income ₹20.73 Cr • Promoter group stake to ease to 45.96% from 47.66%; total shares rise to 23.81 Cr from 22.32 Cr post issue • Scheme subject to stock exchange, SEBI, NCLT and other statutory approvals

Share India Securities Ltd

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