Description
ACE SOFTWARE EXPORTS LTD announces rights issue of 3 equity shares for every 7 shares held at Rs. 110 per share with record date of November 20, 2025.
Summary
ACE SOFTWARE EXPORTS LTD (BSE Code: 531525) has announced a rights issue offering 3 equity shares of Rs. 10/- each for every 7 equity shares held. The shares will be issued at a premium of Rs. 100/- per share (total issue price Rs. 110/-). The record date is set for November 20, 2025, and trading will commence on ex-rights basis from the same date (Settlement No. DR-760/2025-2026).
Key Points
- Rights ratio: 3 new equity shares for every 7 existing shares held
- Face value: Rs. 10/- per share
- Issue price: Rs. 110/- per share (Rs. 10 face value + Rs. 100 premium)
- Payment structure: Rs. 49.50 on application and Rs. 60.50 on subsequent call(s)
- Record date: November 20, 2025
- Ex-rights date: November 20, 2025
- Settlement number: DR-760/2025-2026
- Segment: Equity - Dematerialised Securities Rolling Settlement
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for a rights issue.
Compliance Requirements
- Trading members must ensure all transactions in ACE SOFTWARE EXPORTS LTD equity shares are conducted on ex-rights basis from November 20, 2025
- Trading members are required to note and implement the ex-rights trading arrangement from the specified date
- Shareholders must hold shares as of the record date (November 20, 2025) to be eligible for the rights issue
Important Dates
- November 17, 2025: Notice date
- November 20, 2025: Record date for rights issue eligibility
- November 20, 2025: Ex-rights trading commences (Settlement DR-760/2025-2026)
Impact Assessment
Shareholder Impact: Existing shareholders will have the opportunity to subscribe to 3 new shares for every 7 shares held at Rs. 110 per share. Non-participating shareholders will face dilution of their ownership stake.
Market Impact: The stock will trade ex-rights from November 20, 2025, which typically results in a price adjustment reflecting the value of the rights being separated from the stock price.
Financial Impact: The payment structure allows shareholders to pay in installments (Rs. 49.50 upfront and Rs. 60.50 on call), making it more accessible for retail investors. The company is raising capital through this rights issue for its business purposes.
Impact Justification
Rights issue affects existing shareholders with a 3:7 ratio. Medium impact as it involves capital raising and dilution for non-participating shareholders.