Ace Alpha Tech Limited — Interim / Quarterly Report 2026

May 19, 2026

ACE ALPHA TECH LIMITED

(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)

Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095

CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818

E-Mail: compliance@acealphatech.in website: www.acealphatech.in

Ace Alpha Tech

May 19, 2026

To,

BSE Limited

SCRIP CODE: 544431

Sub: Submission of Audited Financial Results for the half year and financial year ended March 31, 2026

In compliance with the provisions of Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we are pleased to inform you that the Board of Directors of the Company at its Meeting held today, i.e., Tuesday, May 19, 2026, has, inter-alia, approved the Audited Financial Results for the half year and financial year ended March 31, 2026.

With regard to the above, please find attached herewith the following:

1. Auditors Report on the Audited Financial Results for the half year and financial year ended March 31, 2026;
2. Audited Financial Results for the half year and financial year ended March 31, 2026, and
3. Declaration of unmodified opinion in terms of Regulation 33(3)(d) of the Listing Regulations.

The Board Meeting commenced at 05:00 p.m. and concluded at 06:30 p.m.

We request you to take the same on your records.

Thanking you.

Yours faithfully,

For Ace Alpha Tech Limited

Priyanka

Digitally signed by Priyanka

Date: 2026.05.19

20:13:23 +05'30'

Priyanka

Company Secretary and Compliance Officer

M. No. A72473

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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CADINDIA

Lalit Agarwal & Company

CHARTERED ACCOUNTANTS

404, Prabhat Kiran

17 Rajendra Place

New Delhi - 110 008

Mob.: +91-9990661717, 9582991272

E-mail: lailt@lacoindia.com

Website: www.lacoindia.com

Independent Auditor's Report on Financial Results for the half yearly and year ended March 31, 2026 of ACE ALPHA TECH LIMITED (formerly known as Ace Alpha Tech Private Limited and DM Prime Square Research & Analytics Private Limited) pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DIRECTORS OF ACE ALPHA TECH LIMITED

Report on the audit of the Standalone Financial Results Opinion

We have audited the accompanying financial results of ACE ALPHA TECH LIMITED (formerly known as Ace Alpha Tech Private Limited and DM Prime Square Research & Analytics Private Limited) (the company) for the half year and financial year ended March 31, 2026 ("the Statement") attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("LODR Regulations")

In our opinion and to the best of our information and according to the explanations given to us these financial results:

i. are presented in accordance with the requirements of Regulation 33 of the LODR Regulations in this regard; and
ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 ("the Act"), read with Companies (Generally Accepted Accounting Principles) Rules, 2015, as amended, and other accounting principles generally accepted in India, of the net profit, and other comprehensive income and other financial information for the half year and financial year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Management's and Board of Director's Responsibilities for the Financial Results

This statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared on the basis of the annual financial statements. The Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in accordance with the Generally Accepted Accounting Principles prescribed under Section

1

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133 of the Act read with Companies (Generally Accepted Accounting Principles) Rules, 2015, as amended, issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the LODR Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the financial results, the Board of Directors of the Company are responsible for assessing the ability of the Company to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are responsible for overseeing the financial reporting process of the Company.

Auditor's Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

• Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.

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We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Our opinion is not modified in respect of the above matters.

For Lalit Agarwal & Company
Chartered Accountants
FRN: 008995N
Peer Review No.:020816

Lalit Agarwal
Partner
Membership No.: 087720
UDIN: 26087720UZSEEZ8091

Place: New Delhi
Date: 19th May, 2026

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ACE ALPHA TECH LIMITED
(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)
Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095
CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818
E-Mail: compliance@acealphatech.in website: www.acealphatech.in

Statement of Assets & Liabilities As At March 31, 2026
	[Rs. In "LACS"]
Particulars	31 March 2026
(Audited)	31 March 2025
(Audited)
EQUITY AND LIABILITIES
Shareholder's Funds
Share Capital	1,755.82	1,401.02
Reserves and surplus	5,158.48	1,890.04
Total Shareholder's Funds	6,914.30	3,291.06
Non-current liabilities
Long-term borrowings	-	-
Deferred tax liabilities (Net)	40.58	13.02
Other long-term liabilities	-	-
Long-term provisions	3.77	6.07
Total Non-current liabilities	44.35	19.10
Current liabilities
Short-term borrowings	-	-
Short-term provisions	0.01	0.01
Other current liabilities	349.68	28.14
Trade payables	-	-
Total outstanding due of Creditors other than Micro Enterprises and Small Enterprises	-	-
Total outstanding due to Micro Enterprises and Small Enterprises	-	-
Total Current liabilities	349.70	28.15
Total Equity & Liabilities	7,308.34	3,338.31
ASSETS
Non-current assets
Property, Plant/Equipment & Intangible Assets
Tangible Assets	756.24	229.27
Ingangible Assets	0.35	0.49
Intangible Assets under development	369.76	-
Non-current investments	1,526.83	1,041.25
Deferred tax assets (Net)	-	-
Long Term Loans and Advances	-	-
Other non-current assets	0.20	0.20
	2,653.38	1,271.22
Current assets
Inventories	553.03	-
Trade receivables	2,368.99	147.32
Cash and Cash Equivalents	666.86	44.48
Short Term Loans and Advances	977.40	1,873.67
Other current assets	88.69	1.63
Total Current Assets	4,654.96	2,067.09
Total Assets	7,308.34	3,338.31

For Ace Alpha Tech Limited

[GAURAV SHARMA]
Managing Director
DIN: 01650857

Place : New Delhi
Date : May 19, 2026

For Ace Alpha Tech Limited

[CHANDNI SHARMA]
Director
DIN: 07227240

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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ACE ALPHA TECH LIMITED

(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)

Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095

CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818

E-Mail: compliance@acealphatech.in website: www.acealphatech.in

Ace Alpha Tech

STATEMENT OF FINANCIAL RESULTS FOR THE PERIOD 01.10.2028 TO 31.03.2028
PARTICULARS	Half Year/ Period ended		Year ended
		31-Mar-26	30-Sep-26	31-Mar-26	31-Mar-26
A	Date of Start of reporting period	01-Oct-25	01-Apr-25	01-Apr-25	01-Apr-24
B	Date of end of reporting period	31-Mar-26	30-Sep-26	31-Mar-26	31-Mar-25
C	Whether result are audited or unaudited	Audited	Unaudited	Audited	Audited
I	Revenue From Operations
	Net Revenue From Operations	1,525.47	897.94	2,423.41	1,553.41
II	Other Income	14.47	240.10	254.57	168.20
III	Total Income (I+II)	1,539.94	1,138.04	2,677.98	1,721.61
IV	Expenses
(a)	Cost of materials consumed	-	-	-	-
(b)	Purchases of stock in trade	-	-	-	-
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-	-	-	-
(d)	Employee benefit expense	108.11	45.90	154.01	139.74
(e)	Finance Costs	0.40	0.01	0.41	0.02
(f)	Depreciation and amortisation expense	72.74	48.10	120.84	54.35
(g)	Other Expense	310.14	55.57	385.71	43.44
	Total Expenses (IV)	491.39	149.58	640.97	237.55
V	Profit/(Loss) before exceptional and extraordinary items and tax (III-IV)	1,048.54	988.46	2,037.00	1,484.06
VI	Exceptional items	(2.30)	-	-2.30	-
VII	Profit before extraordinary items and tax V-VI	1,050.84	988.46	2,039.31	1,484.06
VIII	Extraordinary items	-	-	-	-
IX	Profit before tax (VII-VIII)	1,050.84	988.46	2,039.31	1,484.06
X	Tax Expense	282.81	236.67	519.47	364.36
(a)	Current Tax	258.64	232.66	491.30	370.04
(b)	(Less) - MAT Credit	-	-	-	-
(c)	Current Tax Expense Relating to Prior years	0.61	-	0.61	-12.29
(d)	Deferred Tax (Asset)/Liabilities	23.55	4.01	27.56	6.61
XI	Profit (Loss) for the period from continuing operations (IX-X)	768.04	751.80	1,519.83	1,119.70
XII	Profit/(loss) from discontinued operations before tax	-	-	-	-
XIII	Tax expenses of discontinued operation	-	-	-	-
XIV	Profit/(loss) from Discontinued operations (after tax) (XII-XIII)	-	-	-	-
XV	Profit/(Loss) for the period before minority interest (XI + XIV)	768.04	751.80	1,519.83	1,119.70
XVI	Share of Profit (Loss) of Associates	-	-	-	-
XVII	Profit (Loss) of Minority Interest	-	-	-	-
XVIII	Net Profit (Loss) for the period (XV+XVI-XVII)	768.04	751.80	1,519.83	1,119.70
XIX	Details of equity share capital
	Paid-up equity share capital	1,755.82	1,755.82	1,755.82	1,401.02
	Face value of equity share capital (per share)	Rs. 10/-	Rs. 10/-	Rs. 10/-	Rs. 10/-
XX	Details of Debt Securities
	Reserves excluding Revaluation Reserve	-	-	-	-
XXI	Earning per share
	Earnings per share (not annualised for half year / period ended)
	Basic/Diluted earning (loss) per share from counting and discounted operations (Rs. Per Share)	4.37	4.77	9.13	8.68
	Restated Basic/Diluted earnings (loss) per share continuing and discontinued operations (Rs. Per Share)	4.37	4.77	9.13	8.68

For Ace Alpha Tech Limited

Place: New Delhi

Date: May 19, 2026

For Ace Alpha Tech Limited

[CHANDNI SHARMA]

Director

DIN: 07227240

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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ACE ALPHA TECH LIMITED
(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)
Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095
CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818
E-Mail: compliance@acealphatech.in website: www.acealphatech.in

CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2026

[Rs. In "LACS"]

| A. | Particulars | YEAR ENDED
31.03.2026 | YEAR ENDED
31.03.2025 |
| --- | --- | --- | --- |
| | Cash flow from Operating Activities: | | |
| | Profit / (Loss) before Tax & after Extraordinary Items | 2,039.31 | 1,484.06 |
| | Less: Extraordinary Items | (2.30) | |
| | Adjustments for: | | |
| | Depreciation & amortization | 120.84 | 54.35 |
| | Interest Income | (215.04) | (168.20) |
| | Operating Profit before Working Capital changes | 1,942.80 | 1,370.21 |
| | Adjustments for changes in Working Capital : | | |
| | (Increase)/Decrease in trade receivables | (2,221.67) | 193.53 |
| | Increase/(Decrease) in other current liabilities | 321.54 | (51.18) |
| | (Increase)/Decrease in other current assets | (87.06) | (15.84) |
| | Increase/(Decrease) in Short Term Provision | - | (29.82) |
| | Increase/(Decrease) in Inventories | (553.03) | - |
| | Cash generated from Operating Activities | (597.42) | 1,466.91 |
| | Provision for taxation /(Income Tax Paid) | (491.91) | (357.75) |
| | Cash flow after extraordinary items | - | |
| | Exceptional Items | - | |
| | Net Cash from Operating Activities | (1,089.33) | 1,109.16 |
| | Cash flow from Investing Activities: | | |
| Purchase of tangible & intangible fixed assets | (1,017.43) | (117.57) | |
| Movement of Loan and Advances | 896.27 | (1,859.45) | |
| Interest Received | 215.04 | 168.20 | |
| (Increase)/Decrease in Investment | (485.58) | (449.63) | |
| Increase in Security Deposit | - | (0.10) | |
| Net Cash from Investing Activities | (391.69) | (2,258.55) | |
| C. | Cash flow from Financing Activities: | | |
| | Proceeds from issue of Equity Share Capital | 354.80 | - |
| | Proceeds from Securities Premium | 2,093.32 | - |
| | Expenses on issue of Equity Shares | (344.72) | - |
| | Interest Paid | - | - |
| | Net Cash from Financing Activities | 2,103.40 | - |
| | Net Increase/(Decrease) in Cash & Cash Equivalents | 622.38 | (1,149.39) |
| | Opening Balance of Cash and Cash Equivalents | 44.48 | 1,193.87 |
| | Closing balance of Cash and Cash Equivalents | 666.86 | 44.48 |

For Ace Alpha Tech Limited

Place : New Delhi

Date : May 19, 2026

For Ace Alpha Tech Limited

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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ACE ALPHA TECH LIMITED
(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)
Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095
CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818
E-Mail: compliance@acealphatech.in website: www.acealphatech.in

Notes to audited Standalone Financial Results for the half year and financial year ended on March 31, 2026

1. The audited Financial Results for the half year and financial year ended March 31, 2026 have been prepared in accordance with Accounting Standards as prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued there under, as amended from time to time, and have been duly reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 19, 2026.

2. The audit of the aforesaid Financial Results for the half year and financial year ended March 31, 2026, has been carried out by Statutory Auditors, and they have issued audit report with unmodified opinion thereon.

3. Figures for the half year ended March 31, 2026 are the balancing figures between the audited figures in respect of the full financial year and the unaudited figures up to the September 30, 2025 of the current financial year.

4. The figures for the previous half year/period have been regrouped and reclassified wherever considered necessary, to conform to current half year/period classification/disclosures.

5. Mr. Gaurav Sharma has resigned from the position of Chief Financial Officer (CFO) of the Company with effect from May 18, 2026, owing to his intent to devote more time to the leadership and management responsibilities entrusted to him as the Chairman and Managing Director of the Company.

6. Pursuant to the approval of the Board of Directors at its meeting held on May 19, 2026, Mr. Tejinder Singh has been appointed as the Chief Financial Officer (CFO) of the Company with immediate effect. He possesses rich experience of over 23 years across the manufacturing and service sectors. He is a qualified Chartered Accountant (C.A.) and Company Secretary (C.S.), and holds a Bachelor of Commerce (Honours) degree. Over the course of his professional career spanning more than two decades, he has been associated with various organizations in diverse capacities, primarily overseeing Finance & Accounts and Taxation functions. He also has significant experience in liaising with bankers and taxation authorities.

7. Pursuant to the Prospectus dated July 01, 2025 under the section “Objects of the Offer”, the Company had allocated IPO proceeds towards Capital Expenditure, Unidentified Acquisition and General Corporate Purposes and Issue Expenses. Post completion of the IPO and reconciliation of issue-related expenses, it was identified that an amount of Rs. 40,10,900/-, pertaining to issue expenses to be borne by the Selling Shareholders, had inadvertently remained classified under the “Fresh Issue – Issue Expenses” head and remained unallocated. Accordingly, the Board of Directors, at its meeting held on Tuesday, May 19, 2026, approved the proposal, subject to shareholders’ and requisite approvals, to earmark the said amount towards “Capital Expenditure – Human Resource Head”.

Further, considering the phased implementation of business plans and evolving operational requirements of the Company, the Board of Directors at the aforesaid meeting has also approved

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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the extension of the timeline for utilisation of IPO proceeds earmarked towards Capital Expenditure up to FY 2027-28, subject to the approval of the shareholders.

Additionally, pursuant to a review of operational and procurement requirements, the Board approved, subject to the shareholders' and requisite approvals, a variation in the terms of utilisation of IPO proceeds earmarked towards Capital Expenditure so as to permit the procurement of refurbished hardware and server/server infrastructure from certified vendors, in addition to new assets, in order to enhance operational flexibility, cost optimisation and efficient deployment of capital.

1. The Board of Directors at its meeting held on February 12, 2026 approved the contribution of Rs. 22,24,000/- (Rupees Twenty-Two Lakh Twenty-Four Thousand Only) towards Corporate Social Responsibility (CSR) activities for the financial year 2025-26 and the Company has spent the aforesaid amount towards the activities specified in Schedule VII of Companies Act, 2013

2. Pursuant to the approval granted by the Board of Directors at its meeting held on January 08, 2026, the Company has acquired 6,377 equity shares of uTrade Solutions Private Limited (“uTrade”) for an aggregate consideration of Rs. 2,53,51,891.04/-, resulting in an equity holding of up to 1.83% in the paid-up equity share capital of uTrade. uTrade is a trading technology company providing enterprise software for financial trading, including a multi-asset trading platform, algorithms, risk management solutions, direct market access, exchange solutions and market data broadcast solutions to financial institutions and their end-clients.

3. The audited Financial Results of the Company for the half year and financial year ended March 31, 2026, are also available on the website of the Stock Exchange, where the equity shares of the Company are listed, i.e., www.bseindia.com and on the Company’s website, i.e., www.acealphatech.in.

Place: New Delhi
Date: May 19, 2026

For Ace Alpha Tech Limited

Gaurav Sharma
Chairman, Managing Director & CFO
DIN: 01650857

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ACE ALPHA TECH LIMITED
(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)
Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095
CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818
E-Mail: compliance@acealphatech.in website: www.acealphatech.in

May 19, 2026

To,
BSE Limited
SCRIP CODE: 544431

Sub: Declaration of Audit Report with unmodified opinion on Audited Financial Results for the half year and financial year ended March 31, 2026

Dear Sir,

Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, declaration is hereby given that M/s Lalit Agarwal & Company, Chartered Accountants, the Statutory Auditors of the Company have issued Audit Report with unmodified opinion on the Audited Financial Results of the Company for the half year and financial year ended March 31, 2026.

We request you to take the same on your records.

Thanking you,

Yours faithfully,

For Ace Alpha Tech Limited

Gaurav Sharma
Chairman and Managing Director
DIN: 01650857

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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ACE ALPHA TECH LIMITED

(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)

Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095

CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818

E-Mail: compliance@acealphatech.in website: www.acealphatech.in

Ace Alpha Tech

STATEMENT OF DEVIATION/ VARIATION IN UTILIZATION OF FUNDS RAISED

Name of the Listed Entity	Ace Alpha Tech Limited
Mode of Fund Raising	Public Issue-Initial Public Offer (IPO)
Date of Raising Funds	July 01, 2025
Amount Raised	Rs. 32,22,30,000 (Rupees Thirty-Two Crore Twenty-Two Lakh Thirty Thousand Only) out of which Rs. 24,48,12,000 (Rupees Twenty-Four Crore Forty-Eight Lakh Twelve Thousand Only) raised through Fresh Issue and Rs. 7,74,18,000 (Rupees Seven Crore Seventy-Four Lakh Eighteen Thousand Only) through Offer for sale.
Report filed for the half-year ended	March 31, 2026
Monitoring Agency	The Company has voluntarily appointed a monitoring agency vide agreement and consent dated May 23, 2025, for monitoring the utilisation of the Net Proceeds from the Fresh Issue.
Monitoring Agency Name, if applicable	CARE Ratings Limited
Is there a Deviation/Variation in the use of funds raised	No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders	Not Applicable
If yes, date of shareholder approval	Not Applicable
Explanation for the Deviation/ Variation	Not Applicable
Comments of the Audit Committee after review	No Comments
Comments of Auditors, if any	No Comments

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301

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ACE ALPHA TECH LIMITED

(formerly known as Ace Alpha Tech Private Limited & DM Prime Square Research & Analytics Private Limited)

Regd. Office: A-28, First Floor, Jhilmil Industrial Area Shahdara, East Delhi- 110095

CIN: L62099DL2012PLC243246 Tele. No.: +91-1149854818

E-Mail: compliance@acealphatech.in website: www.acealphatech.in

(Amt. in Rs. Lakhs)

Objects for which funds have been raised and where there has been a deviation, in the following table:
Sr. No.	Original Object	Modified Object, if any	Original Allocation	Modified Allocation, if any	Funds Utilized	Amount of Deviation/ Variation for the quarter according to the applicable object	Remarks, if any
1.	Capital Expenditure	Not Applicable	1,250	Not Applicable	716.37	NIL	No
2.	Unidentified Acquisition and General Corporate Purposes	Not Applicable	811.64	Not Applicable	811.64	NIL	No
4.	Issue Related Expenses	Not Applicable	386.48	Not Applicable	386.48*	NIL	No

Notes:

*As disclosed in the Prospectus, out of the total issue expenses of Rs. 386.48 lakhs, an amount of Rs. 40.11 lakhs have been borne by the Selling Shareholders and Rs. 346.37 lakhs have been utilized from fresh issue proceeds.

Deviation or variation could mean:

a) Deviation in the objects or purposes for which the funds have been raised or
b) Deviation in the amount of funds actually utilised as against what was originally disclosed or
c) Change in terms of a contract referred to in the fund-raising document, i.e., prospectus, letter of offer, etc.

Yours faithfully,

For Ace Alpha Tech Limited

Priyanka

Digitally signed by Priyanka
Date: 2026.05.19
20:12:58 +05'30'

Priyanka

Company Secretary & Compliance Officer

M. No.: ACS 72473

Corporate Office: A-25, 1st Floor, Sector 64, Noida, Gautam Buddha Nagar, Uttar Pradesh -201301