Ace Software Exports Stock Surges 3.51% After Full Ace Infoworld Acquisition
Infographic: Ace Software Exports Jumps 3.51% After Acquiring Remaining Ace Infoworld Stake
Key Highlights
Ace Software Exports stock jumps 3.51% to Rs. 199.00 after acquiring the remaining 1.38% stake in Ace Infoworld, making it a wholly-owned subsidiary.
Ace Software Exports saw its stock climb by 3.51% on the , reaching Rs. 199.00. This surge follows the company’s announcement of completing the acquisition of the remaining stake in its subsidiary, Ace Infoworld.
Key Trading Metrics
- Current Trade Price: Rs. 199.00
- : Rs. 192.25
- Points Up: 6.75
- Opening Price: Rs. 194.40
- Day’s High: Rs. 210.00
- Day’s Low: Rs. 194.40
- Shares Traded: 43,111
The company successfully acquired the remaining 8,900 equity shares, representing 1.38% of Ace Infoworld’s fully diluted equity. This transaction, valued at Rs. 8.02 lakh, finalized on August 13, 2026, making Ace Infoworld a wholly-owned subsidiary.
Management stated the acquisition aligns with consolidating existing holdings and securing complete ownership and control. This move is consistent with Ace Software Exports’ established IT and software business operations.
Market Snapshot & Shareholding
- (Oct 29, 2025): Rs. 302.26
- (Jun 02, 2026): Rs. 106.00
- Last Week’s High: Rs. 210.00
- Last Week’s Low: Rs. 166.00
- Current Market Capitalisation: Rs. 368.30 crore
- : 62.03%
- : 0.83%
- Non-Institutional Holding: 37.14%
Ace Software Exports primarily engages in database creation, actively serving the outsourcing requirements of various publishers and organizations. The company’s focus remains on leveraging its core competencies in the software sector.