ACE Software Exports Acquisition Worth ₹9.85 Cr
Ace Software Exports will acquire control of UK-based MyUtilityGenius Commercial for ₹9.85 Crore. The deal diversifies the company into UK energy technology services.
- Value
- ₹9.85 Cr
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Ace Software Exports will acquire control of UK-based MyUtilityGenius Commercial for ₹9.85 Crore. The deal diversifies the company into UK energy technology services.
Ace Software Exports will acquire control of UK-based MyUtilityGenius for ₹1.90 Crore. The deal diversifies the company into UK energy technology services.
Ace Software Exports Limited has issued a postal ballot notice seeking shareholder approval for two special resolutions. The resolutions cover preferential issues of equity shares to MyUtilityGenius Limited and MyUtilityGenius Commercial Limited for consideration other than cash.
ACE Software Exports Ltd reported revenue from operations of ₹14.5 Cr (+3.6% YoY) and net profit of ₹1.3 Cr (-27.8% YoY) for Q2 FY27.