
Board Meeting27 Jul 2026, 05:31 pm
ACE Edutrend Board Approves Financials, AGM, Capital Raise
AI Summary
ACE Edutrend Ltd's Board of Directors met on July 27, 2026, approving un-audited standalone financial results for the quarter ended June 30, 2026. The board also announced the 32nd Annual General Meeting (AGM) on August 25, 2026, and approved an increase in authorized share capital from ₹10 crore to ₹60 crore, alongside a potential rights issue or other mode of fundraising up to ₹50 crore. Key appointments and committee re-constitutions were also noted, including the resignation of an Independent Director and the appointment of a new Additional Director. The register of members will be closed from August 18-25, 2026, for the AGM.
Key Highlights
- Board approved Q1 FY27 un-audited standalone financial results.
- AGM scheduled for August 25, 2026; E-voting arrangements made.
- Authorized share capital increased to ₹60 crore; potential ₹50 crore fundraising planned.
- Independent Director resigned; Additional Director appointed.
- Share transfer books closed August 18-25 for AGM.
Price Impact
More from ACEEDU