Ace Alpha Tech Ltd — Important, 08-01-2026: Company Update

Ace Alpha Tech's Board has approved the acquisition of shares in uTrade Solutions Private Limited for a total cash consideration of Rs. 2.53 Crore. uTrade, an IT company incorporated in 2011, provides trading technology software and solutions. Its FY25 turnover was Rs. 15.16 Crore, with a net worth of Rs. 29.27 Crore as of March 2025. This strategic move aims to expand Ace Alpha Tech's presence in digital platforms, leverage uTrade's technical expertise, create synergies, and enhance overall shareholder value. The company will acquire up to 1.83% of uTrade's equity.