Ace Alpha Tech to Merge with Share India Securities

Ace Alpha Tech Limited's Board of Directors has approved a Scheme of Amalgamation with Share India Securities Limited. The amalgamation aims to consolidate technology capabilities and financial services businesses. Ace Alpha Tech's unaudited financials for the period ended September 30, 2026, show a net worth of ₹8,149.99 Lacs and a profit after tax of ₹1,214.64 Lacs. Share India Securities reported consolidated net worth of ₹2,78,890.04 Lacs and profit after tax of ₹23,488.35 Lacs for the same period. The share exchange ratio is 863 equity shares of ₹2 each of Share India Securities for every 1,000 equity shares of ₹10 each of Ace Alpha Tech. The transaction is not considered a related party transaction, though some promoters hold shares in the transferee company.