Description
ACE SOFTWARE EXPORTS LTD announces rights issue offering 3 equity shares at Rs. 110 per share for every 7 shares held, with record date on November 20, 2025.
Summary
ACE SOFTWARE EXPORTS LTD (BSE Code: 531525) has announced a rights issue with a record date of November 20, 2025. The company is offering 3 equity shares of Rs. 10 face value each at a premium of Rs. 100 per share (total issue price Rs. 110) for every 7 equity shares held by existing shareholders. The shares will trade on an ex-rights basis from November 20, 2025 (Settlement No. DR-760/2025-2026).
Key Points
- Company: ACE SOFTWARE EXPORTS LTD (BSE Code: 531525)
- Rights entitlement ratio: 3 equity shares for every 7 shares held
- Face value: Rs. 10 per share
- Premium: Rs. 100 per share
- Total issue price: Rs. 110 per share
- Payment structure: Rs. 49.50 on application, Rs. 60.50 on one or more subsequent calls
- Record date: November 20, 2025
- Ex-rights date: November 20, 2025
- Settlement number: DR-760/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for a rights issue.
Compliance Requirements
- Trading members must ensure shares trade on ex-rights basis from November 20, 2025
- All transactions in the equity shares must reflect the ex-rights status from the specified date
- Trading members are required to note the rights issue details for proper settlement
Important Dates
- November 17, 2025: Circular notification date
- November 20, 2025: Record date for rights issue eligibility
- November 20, 2025: Ex-rights trading begins (Settlement DR-760/2025-2026)
Impact Assessment
Shareholder Impact: Existing shareholders as of the record date will be eligible to subscribe to 3 new equity shares for every 7 shares held. The rights issue provides an opportunity for shareholders to increase their stake at a predetermined price.
Market Impact: The stock will trade ex-rights from November 20, 2025, which typically results in a price adjustment to reflect the value of the rights being separated. The staggered payment structure (Rs. 49.50 on application and Rs. 60.50 on calls) provides flexibility for subscribers.
Capital Raising: The rights issue represents a capital-raising initiative by ACE SOFTWARE EXPORTS LTD, with the funds likely intended for business expansion, debt reduction, or working capital requirements as per the company’s stated objectives.
Impact Justification
Rights issue affects existing shareholders with dilution opportunity. Medium impact as it involves capital raising with specific entitlement ratio and pricing.