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Computers - Software & Consulting
Board Meeting30 Oct 2026, 07:42 pm

Ace Alpha Tech Board Approves Unaudited Financial Results, Amalgamation Proposal

AI Summary

Ace Alpha Tech Ltd announced the outcome of its Board Meeting held on October 30, 2026. The Board approved the Unaudited Financial Results for the half year ended September 30, 2026, along with the Limited Review Report. Additionally, the Board approved a proposal for the amalgamation of Ace Alpha Tech Limited with Share India Securities Limited. The management has been authorized to obtain necessary reports and approvals for the proposed amalgamation, which is subject to statutory and regulatory clearances, including from the National Company Law Tribunal.

Key Highlights

  • Board approved unaudited financial results for H1 FY27.
  • Limited Review Report on financial results was noted.
  • Proposal for amalgamation with Share India Securities approved.
  • Management authorized to obtain necessary reports for amalgamation.
  • Amalgamation is subject to regulatory and NCLT approvals.