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Rights Issue3 Nov 2026, 05:02 pm

ACE Software Exports: Monitoring Report for Rights Issue Proceeds Q3 FY27

AI Summary

ACE Software Exports Ltd has submitted its fourth Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Rights Issue. The report, prepared by Brickwork Ratings India Private Limited, indicates no deviation from the objects of the issue. The company raised ₹60.18 crore through the Rights Issue, receiving ₹27.08 crore in application money and an additional ₹15.24 crore from the first call money during the quarter. The report confirms that the utilization of funds is in line with the stated objectives.

Key Highlights

  • Monitoring Agency Report for Q3 FY27 submitted.
  • No deviation in utilization of Rights Issue proceeds.
  • ₹15.24 Crore received as first call money during the quarter.
  • Total Rights Issue size was ₹60.18 Crore.
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ACESOFT
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