ASACE Software Exports531525Board meeting scheduled

Board meeting on Nov 6 to consider Q2 results, rights issue call money notice and fundraise proposal

Board meeting scheduled for Friday, November 6, 2026.

By ScoutQuest · Tue 3 Nov 2026, 7:11 PM IST · 2 min read

Board meeting date

Friday, November 6, 2026

Period of results to be approved

quarter and half year ended 30 September 2026

ISINs of partly paid-up equity shares

IN9849B01034 and IN9849B01026

What the Board will take up on November 6, 2026

• Results: unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026, along with the auditor's Limited Review Report for the period.
• Rights issue call money: a notice for payment of the second and final call money, and a reminder for payment of the first call money, on partly paid-up equity shares under ISIN IN9849B01034 and ISIN IN9849B01026. These relate to the rights issue made under the Letter of Offer dated November 14, 2025.
• Record date: fixation of the record date for raising the second and final call money.
• Fundraise proposal: to consider, evaluate and, if deemed fit, approve issuance of equity shares or any other securities through permissible methods including a preferential issue or a qualified institutions placement, subject to requisite consents and approvals.
• Shareholder approval: a notice seeking shareholders' approval for the fundraise through postal ballot and/or an extraordinary general meeting, if the Board approves the proposal.

Partly paid shares and call money, in simple terms

• In a rights issue, an investor can sometimes pay in instalments instead of the full amount upfront. Until the full amount is paid, the shares are "partly paid-up".
• Each instalment is called a "call". This update refers to a reminder for the first call and a notice for the second and final call.
• The two ISINs identify the two categories of partly paid-up shares on which the remaining amount is being asked for.
• A record date fixes which holders on the register are liable to pay the call being raised.

Why the fundraise item matters

• A preferential issue or a qualified institutions placement means fresh equity shares (or other securities) are issued to select investors.
• This brings in new money, but it also increases the number of shares in circulation, so existing holdings represent a smaller slice of the company unless the investor adds more shares.
• The update says the Board will consider, evaluate and, if deemed fit, approve the proposal. Shareholders would be asked for approval only if the Board approves it.
• The price, size and investor names would come with the later proposal, when it is decided.

What to watch

• The actual results and the auditor's Limited Review Report, once approved and released.
• The notice and record date for the second and final call money, which tells partly paid shareholders the amount due and the deadline.
• Whether the Board approves a fundraise and, if so, the size, method and pricing, plus how and when it seeks shareholders' approval.

Reading the news so far

• This is an intimation of a scheduled Board meeting, so it sets the agenda; the decisions themselves come after the meeting.
• All the items listed are proposals before the Board, not approvals that have been taken.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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