Ace Software Exports AGM 2026: e-Voting Dates, QeApps Deal

AGM set for September 28 in Ahmedabad

Ace Software Exports Ltd (BSE: 531525) has scheduled its 32nd Annual General Meeting (AGM) for Monday, September 28, 2026, at 1:00 pm. As per the AGM notice filed with the exchange, the meeting will be held at Solitaire Connect, 9th Floor, near Gallops Motors, Makarba, S G Highway, Ahmedabad - 380051. The AGM is expected to take up routine shareholder items such as adoption of financial statements and re-appointment of directors. The company has also outlined the voting process for shareholders, including remote e-voting. The disclosures come amid a series of filings around rights-issue related actions and acquisition proposals.

Remote e-voting window and cut-off date

The company has provided a clear timetable for shareholder voting. The cut-off date to determine voting entitlement is September 21, 2026. Remote e-voting opens on Friday, September 25, 2026 at 9:00 am and closes on Sunday, September 27, 2026 at 5:00 pm. The e-voting facility is being provided through MUFG Intime India Private Limited, as per the notice. The annual report filing also references e-voting through NSDL and CDSL systems, with MUFG Intime acting as the RTA.

Board meeting on September 3: what was on the agenda

Ahead of the AGM, Ace Software Exports informed BSE that a board meeting was scheduled for September 3, 2026. The company indicated that the board would consider and approve the ensuing AGM and related agenda. The intimation also listed changes to the objects of the issue and variation in utilisation of net proceeds of the company’s rights issue, as stated in the letter of offer dated November 14, 2025. Separately, the AGM notice and subsequent disclosures referenced proposals linked to acquisitions and related-party transactions.

Acquisition proposals: QeApps and expansion plans

Disclosures in the provided text point to acquisition activity connected with the AGM agenda. One filing highlights that the board approved acquisition of QeApps Private Limited and related-party transactions totaling ₹12 crore. Another line in the same information set states that Ace Software Exports approved a ₹120 crore acquisition of QeApps Private Limited, and that the decision was taken at the September 3 board meeting. The acquisition is stated to be subject to shareholder approval at the ensuing AGM. Based on the annual report summary, the company has outlined strategic expansion into EdTech and manufacturing through acquisitions such as QeLearn and QeMFG, along with reallocation of rights-issue funds.

Rights issue proceeds: proposed reallocation and unchanged total

The board considered changes in how the rights issue proceeds will be used. As per the details provided, the company proposed reallocating ₹13 crore of unutilised rights-issue proceeds to QeApps and QeLearn. The same disclosure notes that the total issue allocation remains unchanged at ₹60.18 crore. These changes relate back to the objects of the issue in the letter of offer dated November 14, 2025. Any variation in utilisation typically requires shareholder visibility and approvals as applicable under applicable rules, which is why such items are tied to AGM business.

First call on partly paid-up rights shares

Ace Software Exports also issued a first call notice on partly paid-up rights equity shares. The company issued a first call of ₹30.25 per share on 54.71 lakh partly paid-up rights equity shares. The record date for the first call was August 26, 2026, and payments were due by September 16, 2026, as per the corporate action note in the provided text. Another disclosure references the first call being payable between September 2 and September 16. The company also noted that trading in the partly paid-up shares (ISIN: IN9849B01026) was suspended effective Tuesday, August 25, 2026.

FY26 performance snapshot from the AGM notice

The AGM-related highlights included an operating update for FY 2025-26. As per the key highlights provided, FY26 consolidated revenue rose 80% year-on-year to ₹56.81 crore (₹5,681.22 lakh). The same highlights state that the board recommended no dividend for FY26. The company also linked its strategic actions to the use of rights issue proceeds for acquisitions, consistent with the reallocation proposal described in the filings.

Stock and company snapshot around the filings

On September 25, 2026 (03:52), Ace Software Exports shares were indicated at ₹202.05, up ₹4.75 (2.41%). The information set also shows a 1-year return of -26.32%. Separately, the corporate action table cited an LTP of ₹197.05 on the announcement day (September 28, 2026) and ₹202.55 on the record day (September 28, 2026) for the AGM entry. The company snapshot included a market capitalisation of about ₹368 crore, with a 52-week high/low of ₹302/₹106.

Key dates and numbers at a glance

Market impact and what investors will track

The immediate market relevance is concentrated around three areas disclosed in the filings: the AGM voting agenda, the proposed variation in rights issue utilisation, and acquisition-related approvals. A key operational item is the call money collection for partly paid-up rights shares, including the payment timeline and the suspension of trading in the partly paid-up ISIN. Investors will also watch how the company frames the rationale for re-allocating ₹13 crore within the rights-issue objects while keeping the total allocation at ₹60.18 crore unchanged. The disclosures also make the AGM important because the acquisition of QeApps is explicitly stated as subject to shareholder approval.

Conclusion

Ace Software Exports’ September 28, 2026 AGM is set to be a decision point on voting items that span routine annual approvals and proposals linked to rights-issue proceeds and acquisitions. Shareholders eligible as of the September 21 cut-off can vote remotely between September 25 and September 27. The company’s filings also place attention on the first call process for partly paid-up rights shares and the acquisition agenda to be placed before shareholders at the AGM.