ALPHA TRIBE

Ace Alpha Tech LtdImportant, 13-02-2026: Company Update

13-02-2026 | 04:12 pm

Ace Alpha Tech Limited received its Monitoring Agency Report for the quarter ended December 31, 2025, for its Initial Public Offer (IPO) proceeds totaling 24.48 Cr. During the quarter, the company utilized 1.71 Cr for capital expenditures, including server facility construction and workforce expansion. An additional 1.68 Cr was deployed for acquiring shares in Silverleaf Capital Services and Silverleaf Securities Research, as approved by the Board. Approximately 11.36 Cr remains unutilized from the IPO, currently held in fixed deposits and an allotment account. The monitoring agency confirms appropriate utilization of IPO proceeds, with no deviations from stated objectives.

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