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 that were partly paid-up due to non-payment of allotment/call monies by shareholders.

Key Points

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

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

Trading members are informed of the forfeiture action for their records and trading purposes.

Important Dates

  • Notice Date: August 8, 2025
  • Forfeiture effective immediately

Impact Assessment

Limited impact as this is a company-specific corporate action affecting partly paid-up shares. The forfeiture reduces the company’s share capital and may affect existing shareholders’ holdings proportionally.

Impact Justification

Company-specific forfeiture action with limited market impact