06-Nov-2026 18:44:22
ACEALPHAAcquisition and merger
ACE ALPHA TECH : BOARD APPROVES AMALGAMATION INTO SHARE INDIA SECURITIES
• Board approved scheme of amalgamation of Ace Alpha Tech (transferor) with and into Share India Securities as a going concern • Share exchange ratio: 863 new ₹2 equity shares of transferee for every 1,000 ₹10 shares held in transferor • Transferor to be dissolved without winding up; scheme subject to shareholder, creditor and NCLT approvals • Transferor total income ₹20.73 Cr and PAT ₹12.15 Cr for period ended September 30, 2026 • Transferee consolidated total income ₹849.95 Cr and PAT ₹234.88 Cr for period ended September 30, 2026 • Transferee promoter and promoter group stake to ease to 45.96% from 47.66% post scheme
Ace Alpha Tech Ltd
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