ACS Technologies Ltd

Share issue approval

• In-principle approval for issuance of 49,50,495 equity shares at INR 40.40 to non-promoter; letter dated 29 September 2026.

ACS Technologies Ltd: Trading Window closed from 1st October, 2026 till 48 hours after the declaration of unaudited financial results for the Quarter and Half year ending 30th September, 2026.

AGM notice and report distribution

• Letters sent on 05 Sep 2026 to shareholders with unregistered emails; web-link to Annual Report and AGM Notice.
• AGM scheduled for 30 Sep 2026 at 11:30 AM via VC/OAVM.
• e-voting window: 26 Sep 2026 9:00 AM to 29 Sep 2026 5:00 PM.
• Cut-off date for e-voting: 24 Sep 2026.
• Annual Report and AGM Notice accessible on ACS site and BSE.
• Demat shareholders with registered emails eligible for e-voting and AGM attendance.

Resolution summary

• Purpose: Special resolution to issue equity shares on a preferential basis to convert outstanding unsecured loan into equity.
• Resolution type: Special; subject: debt-to-equity conversion through preferential allotment.
• Outcome: Passed with requisite majority; 99.9957% in favour, 0.0043% against.
• Total voting: 2,65,10,586 shares cast; 70 members voted.
• Date of passing: 3 September 2026; key terms (price/ratio) not disclosed.
• Material impact: conversion of loan into equity alters share capital and governance.
• Counterparty/related party details: not disclosed in filing.

AGM notices and governance

• Approved Notice of 33rd AGM and Directors Report for FY ended 31 March 2026.
• AGM date set: 30 September 2026 at 11:30 AM via VC/OAVM.
• Cut-off for e-voting fixed at 24 September 2026.
• E-voting via CDSL from 26 September 2026 9:00 AM to 29 September 2026 5:00 PM.
• Appointed VCSR and Associates, Practising Company Secretaries, as Scrutinizer for e-voting.
• Re-appointment of Ashok Kumar Buddharaju (DIN: 03389822) subject to member approval.
• Secretarial Audit Report for FY ended 31 March 2026 noted.
• Other general matters related to business and operations.

Meeting Details

• Date: 03 September 2026; location: Registered Office; time not disclosed.

Key Agenda Items

• Approval of Date, Time, Notice, Director's Report for the 33rd AGM.
• Appointment of Scrutinizer for the 33rd AGM.
• Fixing of Book Closure and Remote e-voting.
• Other matters as per the AGM agenda.

Other Notes

• AGM information will be hosted on the company website.

Issue Overview

• Type: preferential issue with convertible share warrants.
• Revision: total issue size reduced due to undersubscription.
• Objectives: product development and tech upgradation.
• Objectives: market expansion (domestic and international).
• Objectives: recruitment and training of workforce.
• Objectives: strategic alliances and investments.
• Objectives: working capital.
• Objectives: general corporate purposes.

Utilisation of Proceeds

• Utilisation as per offer document: as disclosed.
• Deviation: Nil; range of deviation not applicable.
• Means of finance changed due to undersubscription; allocations revised proportionately.
• Per-object status: initial objects not utilised; remaining objects ongoing with no delays.
• Unutilised funds: parked in a dedicated account.

Governance and Compliance

• Approvals: no government/statutory approvals required for monitored objects.
• Material events: none reported affecting viability.
• Shareholder approvals: allocations approved by shareholders; no further action needed.
• Monitoring agency: CARE Ratings; no conflicts disclosed.

General Corporate Purpose (GCP)

• GCP: nil utilization; no board allocations recorded.