Ace Software Exports CEO, MD, chairman, board of directors and AGM
BSE: 531525IT - SoftwareSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹182.15.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹337 Cr2,186th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 31 Jul 2026
- 78.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 2.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 31 Jul 2026
- 4.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 31 Jul 2026
- 3.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.12
- Volume, BSEVolume. Shares traded on the last trading day.
- 25,296
Ace Software Exports board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing director and CEOAmit Mansukhlal Mehta
- Company Secretary and Compliance OfficerMansi Patel
8 directors4 independent4 executive
- Amit Mansukhlal Mehta · Managing director and CEOExecutive · joined May 2024 · 25 months as independent · 1 listed board · 1 committee seat
- Vikram Bhupat SanghaniExecutive · joined Aug 1994 · reappointed Sep 2025 · 382 months as independent · 1 listed board · 1 committee seat
- Sanjay Harilal DhamsaniaExecutive · joined Aug 1994 · reappointed Sep 2024 · 382 months as independent · 1 listed board
- Rahul Jayantibhai KalariaExecutive · joined May 2024 · 25 months as independent · 1 listed board
- Divyeshkumar Babulal AgheraIndependent · joined Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Malini Mitesh ShahIndependent · joined Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Sanjiv Pravinchandra PunjaniIndependent · joined Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Dharmesh Chandulal DadhaniaIndependent · joined Aug 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 Jun 20267 of 8 present3 independent · 26 days in between
- 30 May 20267 of 8 present4 independent · 105 days in between
- 13 Feb 20268 of 8 present4 independent
Audit Committee
Chair Sanjiv Pravinchandra Punjani
Malini Mitesh Shah, Divyeshkumar Babulal Aghera
- 30 May 20263 of 3 present3 independent · 105 days in between
- 13 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Malini Mitesh Shah
Dharmesh Chandulal Dadhania, Divyeshkumar Babulal Aghera
- 30 May 20263 of 3 present3 independent · 105 days in between
- 13 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Malini Mitesh Shah
Dharmesh Chandulal Dadhania, Vikram Bhupat Sanghani, Amit Mansukhlal Mehta
- 30 May 20263 of 4 present2 independent · 105 days in between
- 13 Feb 20264 of 4 present2 independent
Risk Management Committee
Chair Malini Mitesh Shah
Sanjiv Pravinchandra Punjani, Divyeshkumar Babulal Aghera
No meeting listed in the filing.
Fund Raising Committee
Chair Amit Mansukhlal Mehta
Vikram Bhupat Sanghani, Malini Mitesh Shah, Sanjiv Pravinchandra Punjani
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- J.A. Sheth & AssociatesPeer-review certificate valid to Dec 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Ace Software Exports AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Ace Software Exports dividend history
Annual general meeting, 28 Sep 2026
6,840 shareholders on the register on 21 Sep 2026; present: 7 promoters and 26 others; votes counted by Ravi Jagdishbhai Trivedi / Ravi J. Trivedi & Associates.The company's voting result (opens in a new tab)
Adoption of Financial Statements To consider and adopt: (a) the audited financial statements of the Company for the financial year ended March 31, 2026, the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended March 31, 2026.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.19% · promoters 88.43% · institutions 0.00% · other public 18.95%
- To appoint a director in place of Rahul J. Kalaria (DIN: 00432774), who retires by rotation and, being eligible, seeks reappointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 50.16% · promoters 70.30% · institutions 0.00% · other public 18.95%
To consider and approve alteration in the objects for utilization of funds out of the net proceeds of the Rights Issue of Equity Shares of the Company and change in the Objects of Issue as stated in the Letter of Offer dated November 14, 2025.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.19% · promoters 88.43% · institutions 0.00% · other public 18.95%
- To approve the modification of the terms of the Rights Issue with respect to the period for making outstanding call(s) on partly paid-up Equity Shares.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.19% · promoters 88.43% · institutions 0.00% · other public 18.95%
- Acquisition of QeApps Private Limited.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 7.43% · promoters 0.00% · institutions 0.00% · other public 18.95%
- To consider and approve Material Related Party Transaction(s) between the Company and QeDigital Australia Pty Ltd.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 7.43% · promoters 0.00% · institutions 0.00% · other public 18.95%
To consider and approve Material Related Party Transaction(s) between QeCAD Studio Private Limited, wholly owned subsidiary of the Company with QeDigital Australia Pty Ltd, Related Party of the Company.MoreLess
SpecialPromoters have an interest in it99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 7.43% · promoters 0.00% · institutions 0.00% · other public 18.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtQeLearn Private Limited (Formerly known as Theia Education Private Limited)Since 12 May 2026
34.62% bought in the quarter; holding 100.00%, from 65.38%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesDec 2025, checked by Brickwork Ratings India Private Limited | 60.18 | – | – | No |