BSE Grants In-Principle Approval for Preferential Issue of 49,50,495 Equity Shares

BSE has granted 'in-principle' approval for issuing 49,50,495 equity shares of INR 10/- each at a price not less than INR 40.40/- per share to Non-Promoters on a preferential basis.

Wed 30 Sep 2026

Number of Shares

49,50,495 equity shares

Face Value

INR 10/- each

Issue Price Floor

not less than INR 40.40/- per share

Allottees

Non-Promoters on preferential basis

BSE Approval Date

29th September 2026

What was announced

ACS Technologies has received an 'in-principle' approval from BSE for a preferential issue of shares to non-promoters.

• Number of shares: 49,50,495 equity shares
• Face value: INR 10/- each
• Issue price: not less than INR 40.40/- per share
• Allottees: Non-Promoters, on a preferential basis

What 'in-principle' approval means

It is a clearance from the exchange that allows the company to proceed with the proposed issue. It is not the final listing approval for the new shares. After allotment, the company must make a listing application with applicable fees, and BSE has noted that such application should be made within twenty days from the date of allotment.

Conditions noted by the exchange

• The issue and allotment must follow the Companies Act, 2013, SEBI ICDR Regulations (Chapter V), LODR Regulations and other applicable laws.
• The company is advised to obtain an undertaking from allottees that they will not do intra-day trading or any sale in the scrip till the allotment date.
• The responsibility for verification and compliance rests solely with the company.
• BSE may withdraw the approval at any stage if the information submitted is found incomplete, incorrect or misleading.

What investors may note

A preferential issue to non-promoters brings in fresh shares, which increases the total share count. Investors can compare the indicated floor price of INR 40.40/- per share with the face value of INR 10/- to gauge the premium involved. The actual allotment and final terms will be disclosed by the company at the appropriate stage.

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