
Board Meeting27 Jul 2026, 05:21 pm
ACE Edutrend Board Approves Financial Results, AGM, Capital Increase
AI Summary
ACE Edutrend Ltd's Board of Directors met on July 27, 2026, to approve un-audited standalone financial results for the quarter ended June 30, 2026. The board also scheduled the 32nd Annual General Meeting for August 25, 2026, and approved an increase in authorized share capital from ₹10 crore to ₹60 crore. Additionally, a potential rights issue or other mode of share issuance for up to ₹50 crore was considered. The board noted the resignation of an Independent Director and approved the reconstitution of key committees. The company also announced the closure of its register of members and share transfer books for the AGM.
Key Highlights
- Board approved un-audited financial results for Q1 FY27.
- 32nd AGM scheduled for August 25, 2026.
- Authorized share capital increased to ₹60 crore.
- Potential rights issue up to ₹50 crore considered.
- Appointment of additional director and committee reconstitution.
Price Impact
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