The Board of Ace Software Exports at its meeting held on 05 June 2024 has approved the following:1. Increase in authorised share capital from Rs 11 crore to Rs 15 crore. 2. Raising up to Rs 50 crore via rights issue.3. Further investment of Rs 12.90 crore for acquisition of balance 60% stake in Ace Infoway. Powered by Capital Market - Live News

Ace Software Exports will hold a meeting of the Board of Directors of the Company on 5 June 2024.Powered by Capital Market - Live News

Net profit of Ace Software Exports reported to Rs 1.42 crore in the quarter ended March 2024 as against net loss of Rs 0.21 crore during the previous quarter ended March 2023. Sales rose 814.95% to Rs 17.75 crore in the quarter ended March 2024 as against Rs 1.94 crore during the previous quarter ended March 2023.For the full year,net profit rose 3200.00% to Rs 4.95 crore in the year ended March 2024 as against Rs 0.15 crore during the previous year ended March 2023. Sales rose 129.84% to Rs 23.72 crore in the year ended March 2024 as against Rs 10.32 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales17.751.94 815 23.7210.32 130 OPM %6.03-12.89 -2.403.20 - PBDT2.73-0.12 LP 6.490.70 827 PBT2.26-0.20 LP 5.780.12 4717 NP1.42-0.21 LP 4.950.15 3200 Powered by Capital Market - Live News

Ace Software Exports will hold a meeting of the Board of Directors of the Company on 30 May 2024Powered by Capital Market - Live News

Ace Software Exports has entered into working capital facility agreement with ICICI Bank to avail Drop Line Overdraft of Rs 5.00 crore for business purpose. Powered by Capital Market - Live News