Acquisitions13 Feb 2026, 08:42 pm
ACE Software Exports Acquires 100% Stake in Theia Education for Rs. 345/- per Share
AI Summary
On February 13, 2026, ACE Software Exports Ltd.'s Board of Directors approved the acquisition of 1,56,000 equity shares of Theia Education Private Limited (TEPL) at a price of Rs. 345/- per share. This acquisition will make TEPL a Wholly Owned Subsidiary of ACE Software Exports Ltd., as the company will hold 100% of the paid-up equity share capital post-acquisition. The acquisition is expected to be completed within 6 months from the date of execution of the Share Purchase Agreement (SPA). Theia Education Private Limited is a futuristic education company that uses artificial intelligence to enhance the learning process for both students and educators.
Key Highlights
- ACE Software Exports Ltd. to acquire 100% stake in Theia Education Private Limited.
- The acquisition will be done at a price of Rs. 345/- per equity share.
- Upon completion, Theia Education Private Limited will become a Wholly Owned Subsidiary of ACE Software Exports Ltd.
- The acquisition is expected to be completed within 6 months from the date of execution of the Share Purchase Agreement (SPA).
- Theia Education Private Limited is an Ed-Tech company that uses artificial intelligence to enhance the learning process.