Ace Alpha Tech Proposes Amalgamation With Share India Securities Limited

Board approved H1FY27 unaudited results with limited review and IPO proceeds statement, and proposed amalgamation of Ace Alpha Tech into listed Share India Securities as going concern. First merger proposal for the company, moving small trading-tech operations toward a listed securities group; in-principle only with valuation, fairness opinion and draft scheme still to follow. Swap ratio, valuation, timelines and H1 numbers not disclosed in outcome; execution hinges on exchanges, SEBI and NCLT approvals and later board sign-off on scheme.