Description

ACE Software Exports Limited has extended the Rights Issue closing date by 3 days from December 15, 2025 to December 18, 2025 to ensure seamless participation for all investors.

Summary

ACE Software Exports Limited (BSE Code: 531525) has announced an extension of its Rights Issue closing date by 3 days, from Monday, December 15, 2025 to Thursday, December 18, 2025. The extension was decided based on feedback from multiple shareholders to ensure seamless participation and provide greater operational convenience for all investors. The extended closure date remains within the regulatory limit of 30 days from the Issue Opening Date.

Key Points

  • Rights Issue closing date extended by 3 days from December 15, 2025 to December 18, 2025
  • Issue Opening Date remains unchanged at Friday, November 28, 2025
  • Extension based on shareholder feedback to enable seamless participation
  • Last date for on-market renunciation of Rights Entitlements remains unchanged at December 10, 2025
  • Extended closure date is within the 30-day regulatory limit from Issue Opening Date
  • Advertisement regarding revised schedule to be published in newspapers
  • Fund-raising Committee of the Board approved the extension

Regulatory Changes

No regulatory changes. This is a procedural extension of the Rights Issue timeline within the permitted 30-day window from the Issue Opening Date as per existing regulations.

Compliance Requirements

  • Company to publish advertisement regarding revised schedule in newspapers
  • Company Secretary & Compliance Officer submitted notification to BSE under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Information made available on company website (www.acesoftex.com)

Important Dates

  • Issue Opening Date: Friday, November 28, 2025 (Unchanged)
  • Last Date for On-Market Renunciation: Wednesday, December 10, 2025 (Unchanged)
  • Original Issue Closing Date: Monday, December 15, 2025
  • Extended Issue Closing Date: Thursday, December 18, 2025
  • Finalization of Basis of Allotment: Friday, December 19, 2025 (changed from Tuesday, December 16, 2025)
  • Date of Allotment: Friday, December 19, 2025 (changed from Tuesday, December 16, 2025)
  • Date of Credit: Monday, December 22, 2025 (changed from Wednesday, December 17, 2025)
  • Date of Listing: Tuesday, December 23, 2025 (changed from Thursday, December 18, 2025)

Impact Assessment

Investor Impact: Existing shareholders of ACE Software Exports Limited who wish to participate in the Rights Issue now have an additional 3 days to complete their applications. This provides greater flexibility and convenience, particularly for shareholders who may have faced time constraints.

Operational Impact: All subsequent dates in the Rights Issue schedule have been pushed back by 3 days, including basis of allotment finalization, allotment date, credit date, and listing date. The listing is now expected on December 23, 2025 instead of December 18, 2025.

Market Impact: Low to medium - The extension is a common practice to accommodate shareholder participation and does not indicate any fundamental issues with the offering. The Rights Issue remains within regulatory timelines.

Impact Justification

Medium importance as it affects existing shareholders of ACE Software Exports Limited who wish to participate in the Rights Issue. The 3-day extension provides additional time but does not fundamentally change the offering terms.