Description

ACE Software Exports Ltd has forfeited 34,096 partly paid-up equity shares due to non-payment of allotment/call monies.

Summary

ACE Software Exports Ltd (Scrip Code: 531525) has forfeited 34,096 equity shares of Rs. 10/- each due to non-payment of allotment/call monies by shareholders. The forfeited shares were partly paid-up and have distinctive numbers ranging from 6365905 to 6400000.

Key Points

  • Company: ACE Software Exports Ltd (Scrip Code: 531525)
  • Number of shares forfeited: 34,096 equity shares
  • Face value: Rs. 10/- each
  • Reason: Non-payment of allotment/call monies
  • Share status: Partly paid-up
  • Distinctive numbers: 6365905 to 6400000

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

Trading members are informed of the share forfeiture for their records and trading systems updates.

Important Dates

  • Notice Date: August 8, 2025
  • Effective Date: August 8, 2025

Impact Assessment

This is a company-specific corporate action with minimal market impact. The forfeiture reduces the company’s issued share capital and may affect the shareholding pattern. Trading members need to update their systems to reflect the forfeited shares.

Impact Justification

Company-specific share forfeiture with limited market impact