Acquisitions13 Feb 2026, 08:42 pm
ACE Software Exports Ltd. to Acquire 100% Stake in Theia Education Private Limited for Rs. 345/- per equity share
AI Summary
On February 13, 2026, the Board of Directors of ACE Software Exports Ltd. approved further investment in Theia Education Private Limited. The Company will acquire 1,56,000 equity shares of Theia Education Private Limited at a price of Rs. 345/- per equity share, which will result in the Company holding 100% of the paid-up equity share capital of Theia Education Private Limited, making it a Wholly Owned Subsidiary. The acquisition is expected to be completed within a period of 6 (six) months from the date of execution of the SPA.
Key Highlights
- ACE Software Exports Ltd. to acquire 100% stake in Theia Education Private Limited.
- Theia Education Private Limited is an Ed-Tech company that uses artificial intelligence to enhance the learning process.
- The acquisition will cost Rs. 5,38,20,000 (Rupees Five Crores Thirty-Eight Lakhs Twenty Thousand only).
- Theia Education Private Limited's turnover for the last two financial years are 100.66 Lakhs (Financial year 2025) and 197.88 Lakhs (Financial year 2024).
- The acquisition is expected to be completed within 6 months from the date of execution of the SPA.