Ace Software Exports Rights Issue Details 2025

The Company intends to utilize the proceeds of the Issue (the “Gross Proceeds”), after deducting Issue related expenses (“Net Proceeds”) towards the following objects:

1. Investment in QeMFG Private limited (formerly AQE Techtools Private Limited) by way of subscription of equity shares
2. Investment in strategic initiatives towards global market expansion and brand building
3. Development, marketing and execution of robotic automation solutions under new brand, “QeMatic”
4. Investment in Organizational Transformation Program to elevate the Company from mid-market to an enterprisegrade professional technology organization
5. Acquisition of equity shares of Theia Education Private Limited from its existing shareholders
6. Additional investment in Theia Education Private Limited by way of subscription of equity shares
7. Funding of General corporate purposes and unidentified acquisitions