15 Sep 2025

Ace Software Exports Gains 4.29%, Forms Dubai-Based Subsidiary QeDigital Gulf Software Services

Ace Software Exports is currently trading at RS. 332.00, up by 13.65 points or 4.29% from its previous closing of RS. 318.35 on the BSE.

The stock opened at RS. 308.80 and touched a high of RS. 338.65 and a low of RS. 308.80. So far, 48,568 shares have been traded on the counter.

The BSE group 'X' stock with a face value of RS. 10 recorded a 52-week high of RS. 354.95 on February 10, 2025, and a 52-week low of RS. 203.80 on May 16, 2025. Over the past week, the scrip’s high and low stood at RS. 338.65 and RS. 290.55 respectively. The company’s current market capitalization is RS. 427.66 crore.

Promoters hold 68.21% of the company’s shares, while non-institutional investors hold 31.79%.

In a key development, Ace Software Exports has incorporated a wholly owned subsidiary named ‘QeDigital Gulf Software Services FZCO’ on September 11, 2025, as a Free Zone Company in Dubai, United Arab Emirates. This new entity will focus on software development, IT services, and technology consulting, delivering digital transformation and enterprise solutions to global clients, with an emphasis on the Middle East and neighboring regions.

Ace Software Exports primarily engages in database creation and has been actively serving the outsourcing needs of publishers and other organizations.