Ace Integrated Solutions Limited — Proxy Solicitation & Information Statement 2024

Mar 18, 2024

ACE Regd. Office: INTEGRATED SOLUTIONS LIMITED B-13, DSIDC Complex, Functional Industrial Estate Industrial Area Patparganj, New Delhi- 110092 E-mail: md@aceintegrated.com, cs@aceintegrated.com Phone No.: 011-49537949, Website: www.aceintegrated.com

CIN: L82990DL1997PLC088373

Ref.- ACE/STX/2023-24/51

To Date: March 18, ²⁰²⁴

The Manager (Listing Department) National Stock Exchange of India Limited (NSE) Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai-400051 (Maharashtra)

Company Symbol: ACEINTEG Subject: - Disclosure under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 — Notice of Postal Ballot

Dear Sir/Madam,

This is to inform you that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) please find enclosed Postal Ballot Notice dispatched to all the members seeking approval for alteration in the Object Clause of Memorandum of Association of the Company.

Further, the Company will initiate the voting process of Postal Ballot only by way of remote electronic voting process ('remote e-Voting'), for secking approval of members for the aforesaid matters in terms of the Postal Ballot Notice dated March 18, 2024,

The Postal Ballot Notice has been sent by e-mail only to those eligible members who have already registered their e-mail address with the Depositories / their Depository Participant / the Company's Registrar and Share Transfer Agents - Bigshare Services Pvt. Ltd / the Company

The said Postal Ballot Notice is also available on the website of the Company and further details may also be accessed on the Company's website, viz, www.aceintegrated.com

Kindly note the schedule of events for Postal Ballot and e-voting is as under:

CHANDRA SHEKHAR VERMA

ACE INTEGRATED SOLUTIONS LIMITED as Regd. Office: B-13, DSIDC Complex, Functional Industrial Estate Industrial Area Patparganj, New Delhi- ¹¹⁰⁰⁹²

ACE INTEGRATED	SOLUTIONS LIMITED
as	Regd. Office: B-13, DSIDC Complex, Functional Industrial Estate Industrial Area Patparganj, New Delhi- 110092 E-mail: md@aceintegrated.com, cs@aceintegrated.com
Phone No.: 011-49537949, Website: www.aceintegrated.com CIN: L82990DL1997PLC088373
Cut-off date for sending notice to the Shareholders	Friday, March 15, 2024
E-voting Start Date & Time	Tuesday, March 19, 2024 and 9:00 A.M. (IST)
E-voting End Date & Time	Wednesday, April 17, 2024 and 5:00 P.M. (IST)
Scrutinizer's Report and Declaration of results	Thursday, April 18, 2024

You are requested to kindly take the above information on your records.

For ACE INTEGRATED SOLUTIONS LIMITED

CHANDRA SHEKHAR VERMA Chandra Shekhar Verma

(Managing Director) DIN: 01089951

ACE INTEGRATED SOLUTIONS LIMITED

NOTICE OF POSTAL BALLOT

[Notice Pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014]

ACE INTEGRATED	SOLUTIONS LIMITED Regd. Office: B-13, DSIDC Complex, Functional Industrial Estate, Industrial Area Patparganj, New Delhi-110092, Email- md@aceintegrated.com, cs@aceintegrated.com Phone No. 011-49537949, Website- www.aceintegrated.com
	CIN: L82990DL 1997PLC088373
NOTICE OF POSTAL BALLOT [Notice Pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014]
E-VOTING STARTS ON	E-VOTING ENDS ON
Tuesday, March 19, 2024 at 9:00 a.m. (IST)	Wednesday, April 17, 2024 at 5:00 p.m. (IST)

Dear Member(s),

NOTICE is hereby given that pursuant to Section 108 and 110 and other applicable provisions, if any, of the Companies Act, 2013 ("Act") (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force) ("Rules"), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), General Circular Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020 read with other relevant circulars, including General Circular Nos. 10/2021 dated June 23, 2021 and 20/2021 dated December 8, 2021, 03/2022 dated 05 May 2022 ("MCA Circulars") issued by the Ministry of Corporate Affairs, Government of India ('MCA Circulars"), Secretarial Standard on General Meetings ("SS-2") issued by the Institute of Company Secretaries of India and SEBI Circulars No. SEBI/HO/CFD/CMD1/CIR/P/2020/79 dated 12" May, 2020, SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated 15 January, 2021 and SEBI / HO /CFD/CMD2/CIR/P/2022/62 dated 13 May 2022 issued by the Securities and Exchange Board of India ("SEBI Circulars") any other applicable law, rules and regulations (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), to transact the Special Business set out in this notice as Special Resolution through Postal Ballot.

The proposed resolution and explanatory statement pertaining to the said resolution, pursuant to sections 102 and 110 of the Companies Act, 2013 setting out the material facts concerning each item and the reason thereof is appended herewith for your consideration.

As permitted under the MCA Circulars, the Company is sending the Notice in electronic form only. Hence, hard copy of Postal Ballot Notice along with Postal Ballot Form and pre-paid business reply envelope (BRE) will not be sent to the shareholders for this Postal Ballot and shareholders are required to communicate their assent or dissent through the remote e-voting facility. In compliance with Regulation 44 of the Listing Regulations and pursuant to the provisions of Sections 108 and 110 of the Companies Act, 2013 read with the rules framed thereunder and the MCA Circulars, the Company has extended only the remote e-voting facility for its shareholders to enable them to cast their votes electronically instead of submitting the Postal Ballot Form. The instructions for remote e-voting are appended to the

Notice. The shareholders can vote on the resolution through remote e-voting facility. Assent (FOR) or dissent (AGAINST) of the shareholders of the resolution mentioned in the Notice would only be taken through the remote e-voting system as per the MCA circulars.

The Company has engaged National Securities Depository Limited ("NSDL") as the agency to provide e-voting facility. Accordingly, Members are requested to carefully read the instructions for e-voting contained in this Notice and shall have to cast their vote electronically through the NSDL e-voting platform.

E-voting facility is available at the link https://www.evoting.nsdl.com/ from Tuesday, 19" March, 2024, 09.00 a.m. (IST) onwards to Wednesday, 17 April, 2024, 5.00 p.m. (IST). Shareholders are requested to read carefully the e-voting instructions given in the Notes forming part of the Postal Ballot Notice, before logging into the e-voting link.

An Explanatory Statement, pursuant to Section 102(1) of the Companies Act, 2013 and the relevant information required under SEBI (LODR) Regulations, 2015 setting out all material facts relating to the resolution mentioned in this Notice of Postal Ballot is annexed hereto.

The Board of Directors of the Company, at its meeting held on Saturday, 16" March, 2024 has appointed CS Atiuttam Prasad Singh, (Membership no. F8719) Proprietor of M/s. Atiuttam Singh & Associates, Practicing Company Secretaries, Delhi, as the Scrutinizer for conducting the Postal Ballot (only through Remote E-voting process) in a fair and transparent manner. The Scrutinizer, after completion of scrutiny, will submit his report to the Chairperson of the Company. Thereafter the results of the Postal Ballot would be announced by the Chairperson of the Company on Thursday, 18" April, 2024 at the Company's registered office. In addition to the results being communicated to National Stock Exchange of India Limited (NSE), the results along with Scrutinizer's report will also be placed on Company's website viz. www.aceintegrated.com and shall also be available at the Company's registered office as well as corporate office and will be communicated to National Stock Exchange of India Limited (www.nseindiacom) and NSDL (https://www.evoting.nsdl.com) for publishing on their respective websites.

The resolution, if passed by the requisite majority, shall be deemed to have been passed on the last date specified by the Company for e-voting i.e.,17" April, 2024. The resolution for the purpose as stated herein below are proposed to be passed by Postal Ballot (only through Remote E-voting):

RESOLUTION:

ITEM No. 1 -

TO ALTER THE OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANY:

To consider and if thought fit, to pass with or without modification, the following resolution as a Special Resolution:

"RESOLVED THAT pursuant to the provisions of Section 13, 15 and other applicable provisions, if any of the Companies Act, 2013 ('the Act') read with the Companies (Incorporation) Rules, 2014 and all other applicable provisions, if any, of the Act (including any statutory modification or re-enactment thereof, for the time being in force), and such other rules and regulations, as may be applicable, subject to approval of Registrar of Companies, the consent of the Shareholders of the Company be and is hereby accorded the Main Object clause of the Memorandum of Association (MOA) of the Company be and is hereby altered and amended as follows:

• A. The existing Main Objects of Clause III (A) be altered by adding further new sub-clauses as under:
• 1. To carry on the business of purchase, sell, lease, sub-lease, maintenance, development, advertising, marketing of any real estate projects, lands, plot(s) of land, movable or immovable property including industrial or commercial or any right or interest therein either singly or jointly and to develop and construct thereon offices, bungalows, farm houses, resorts, other properties and otherwise to carry on the business such as builders, contractors, architects, engineers, Estate agents, decorators and surveyors;
• 1. To carry on the business of business support services including taking properties on rent/lease/sub-lease, furnish it with all office furniture & fixtures and prepare it as offices with all infrastructure like furniture, fixtures, printers & other official supports and give the entire infrastructure including electronics items/machines to support the businesses needing such infrastructure as support services for their business including security & maintenance.
• 11 . To carry on the business of property development co-working offices and provide business support services through renting of offices & business infrastructure as per usage/tenure basis.
• 1. To carry on the business of Infrastructure Services, business of architectural construction and engineering civil/mechanical etc.
• 1. To carry on the business as manufacturers, producers, exporters, importers, traders, distributors, buyers, sellers, assembler, agents for merchants and dealers in solar glass, sheet glass, fusion glass, wired glass, figured glass, tinted glass, float glass, safety glass, toughened glass, laminated glass and any glass products/goods or products of which glass forms part, Solar Modules, Solar Cells and any other components going into Solar Modules, Solar Power storage and also carry on the business of a developer and or an EPC contractor for laying dawn and operating solar plants, appliances or vehicles running on renewable energy."
• 1. Setting up of green field Solar Plants of various sizes, envisaging, identifying and acquiring and selling suitable land, developing the site for Solar Parks; design, engineer, supply erect, commission and, or operate and maintain the plants, accessories, components, spare parts thereof and provide renewable energy solutions; Sell or otherwise dispose of part or whole of the Solar Plants, both in India and abroad.
• 1. Setting up of power plants, solar energy systems, renewable energy systems, wind power or any alternative source of energy or any other facility including Hybrid Energy Systems & Energy Storage (BESS) & (ESS) plants with predominantly non fossil fuels to generate power and to produce, manufacture, buy, import, sale, treat, exchange, renovate, alter, modernize, install or otherwise deal in any type of

machinery, equipment, implement, material, article, and stores and to deal with all persons including Companies, government and semi-government bodies for these purposes and to do all such acts, deeds and things including construction, laying down, establishing, fixing and to carry out all necessary activities for the aforesaid purpose.

• 1. To carry on the business as manufacturers, products, developers, processors, dealers, traders, importers, exporters, stockiest, distributors service provider or agent in software, information technology, e-commerce, business of design, Engineering and Technology, Infrastructure development in multiple industries such as ATM, Aerospace, Defense and Power, electronics, e-mail, internet, multimedia, data processing, data management, telefilms, motion movies, web paging, education, telecommunication including peripherals computer data processing machine, systems and components thereof on B2B, B2C wholesale as well as on retail basis in India or elsewhere.
• 1. To design, develop, brick and mortar retail business outlets across India in Urban, Rural and Semi-urban geographics for setting up Franchise outlets to market and sell, Consumer goods, FMCG, daily use items, Stationery items, electronic items and Toys etc. and setting up retail outlets on self-operated/franchise model etc.

RESOLVED FURTHER THAT any of the Director(s) of the Company and the Company Secretary of the Company be and are hereby severally authorized to do all such acts, deeds, matters and things as may be deemed proper, necessary, or expedient, including filing the requisite forms with Ministry of Corporate Affairs or submission of documents with any other authority, for the purpose of giving effect to this resolution and for matters connected therewith or incidental thereto and to settle all questions, difficulties or doubts that may arise in this regard at any stage without requiring the Board to secure any further consent or approval of the Members of the Company to the end and intent that the Members shall be deemed to have given their approval thereto expressly by the authority of this resolution.."

Functional Industrial Estate, Industrial Area Patparganj, New Sd/-

Registered Office By the order of the Board B-13, DSIDC Complex, For Ace Integrated Solutions Limited

Delhi — 110092 Chandra Shekhar Verma (Managing Director) Date: 18.03.2024 Place: Delhi DIN: ^01089951

NOTES:

• 1. The Explanatory Statement pursuant to Sections 102 and 110 of the Companies Act, 2013 stating all material facts and the reasons for the proposal is annexed herewith.
• 1. The Board of Directors of the Company, at its meeting held on Saturday, 16" March, 2024 has appointed CS Atiuttam Prasad Singh, (Membership no. F8719) Proprietor of M/s. Atiuttam Singh & Associates, Practicing Company Secretaries, Delhi, as the Scrutinizer for conducting the Postal Ballot (only through Remote E-voting process) in a fair and transparent manner.
• 1. The Postal Ballot Notice is being sent to Members in electronic form to the email addresses registered with their Depository Participants (in case of electronic shareholding)/ the Company's Registrar and Share Transfer Agents (in case of physical shareholding) and whose name appears on the Register of Members/ List of Beneficial Owners on 15 March, 2024. The Postal Ballot Notice will also be available on the Company's website at www.aceintegrated.com
• 1. The Company will send this postal notice in electronic form only. The hard copy of this Postal ballot notice along with postal ballot forms and pre-paid business envelope will not be sent to the members for the postal ballot in accordance with the requirements specified under the MCA Circulars. Accordingly, the communication of the assent or dissent of the members would take place through the remote e-voting system only.
• 1. The voting period begins on Tuesday, 19" March, 2024, 09.00 a.m. (IST) onwards to Wednesday, 17" April, 2024, 5.00 p.m. (IST). During this period, shareholders of the Company, holding shares either in physical form or in dematerialized form as on the cutoff date of 15 March, 2024, may cast their vote electronically. The e-voting module shall be disabled by NSDL for voting thereafter. Once vote on a resolution is cast by the member, he/ she shall not be allowed to change it subsequently or cast the vote again.
• 1. The Members whose email ids are not registered with the Company or Depository Participant(s) as on the Cut-off date are requested to register their e-mail Ids by sending email citing subject "ACEINTEG-Postal Ballot Registration of e-mail Id's" to Registrar and share transfer Agent (RTA) of the Company, i.e. BIG SHARE SERVICES PRIVATE LIMITED at Bssdelhi@bigshareonline.com or to the Company at cs@aceintegrated.com with the name of registered shareholder(s), folio number(s)/DP Id/Client Id and Number of equity shares held from the e-mail address they wish to register to enable them to exercise their vote on special businesses as set out in the Postal Ballot notice through remote e-voting facility provided by NSDL.
• 1. Voting rights in e-voting cannot be exercised by a proxy. However, corporate and institutional members shall be entitled to vote through their authorized representatives with proof of their authorization.
• 1. The results of the Postal Ballot will be declared on Thursday, 18" April, 2024. The results of the Postal Ballot will be hosted on the website of the Company viz. www.aceintegrated.com and will also be communicated to the Stock Exchange where the equity shares of the Company are listed. The results of the Postal Ballot will be declared by the Chairman, or in his absence by the Managing Director or Company Secretary, or

any other person so authorized by the Chairman and it will display at Company's Registered office. The resolutions will be taken as passed if the results of the Postal Ballots indicate that the requisite majority of the shareholders assented to the Resolution.

• All the resolution(s), if passed by the requisite majority, shall be deemed to have been passed on the last date specified by the Company for e-voting i.e., 17 April, 2024.
• 1. The voting rights of members shall be in proportion to their shares of the paid-up equity share capital of the Company as on the cut-off date of 15" March, 2024.
• 1. Shareholders who have registered their e-mail IDs with their Depository Participants/Company are being sent Notice of Postal ballot by e-mail and Shareholders who have not registered their e-mail id will request to please register their mail ids with the Company.
• 1. The Scrutinizer's decision on the validity or otherwise of the Postal Ballot (only through remote e-voting) will be final.
• 1. Documents referred to in this notice and explanatory statement are open for inspection by the shareholders at the Corporate Office of the Company on all working days (except Saturday & Sunday) from 10:00 am to 5:00 pm till from the date of dispatch of the Postal Ballot Notice up to the completion of Postal Ballot i.e., 17" April, 2024.
• 1. In compliance with provisions of Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management & Administration) Rules, 2014, the Company is pleased to provide its members the facility to exercise their right to vote by electronic means as an alternate mechanism. For this purpose, the Company has entered into an agreement with National Securities Depository Limited (NSDL) for facilitating e-voting in order to enable the members to cast their votes electronically instead of dispatching postal ballot form.

How do I vote electronically using NSDL e-Voting system?

The way to vote electronically on NSDL e-Voting system consists of "Two Steps" which are mentioned below:

Step 1: Access to NSDL e-Voting system

A) Login method for e-Voting for Individual shareholders holding securities in demat mode

In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to_ vote through their demat_account maintained with Depositories_ and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

Login method for Individual	demat mode is shareholders holding given securities in
below:
Type of shareholders	Login Method
Individual Shareholders holding securities in demat mode with NSDL.	Existing IDeAS user can visit the e-Services website 1. of NSDL https://eservices.nsdl.com Viz. either on Personal Computer or on a mobile. On the e-Services Owner" home page "Beneficial icon click on the "Login" which under under available is_ prompt you to enter your 'IDeAS' section this will , Password. User existing After successful ID and e-Voting authentication, you be able will see to services under Value added services. Click on "Access to e-Voting" under e-Voting services and you will be able to see e-Voting page. Click on company name or e-Voting service provider i.e. NSDLand you will be re-directed to e-Voting website of NSDL for casting your vote during the remote e-Voting period. If you are not registered for IDeAS e-Services, option 2. https://eservices.nsdl.com. available register to at is Select "Register Online for IDeAS Portal" or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg. jsp NSDL. Open web e-Voting website Visit the of 3. URL: browser following typing by the https://www.evoting.nsdl.com/ Personal either on a Computer or on a mobile. Once the home page of e Voting system is launched, click on the icon "Login"

	demat your User your sixteen enter ID digit (i.e. account number hold with NSDL), Password/OTP and shown Code Verification After screen. on the as a successful authentication, you redirected be will to NSDL Depository site wherein you can see e-Voting
	company name e-Voting Click service page. on or provider i.e. NSDL and you will be redirected to e Voting website of NSDL for casting your vote during the remote e-Voting period. NSDL Shareholders/Members download can also Mobile App "NSDL Speede" facility by scanning the QR mentioned below seamless code voting for
	experience. NSDL Mobile App is available on é AppStore > Google Play
Individual Shareholders holding securities in demat mode with CDSL	Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. Option will be made available to reach e-Voting page without any further authentication. The users to login CDSL requested website Easiest Easi are visit to / New www.cdslindia.com & and login icon click on System Myeasi and then user your existing my Tab easi username & password.
	After successful login the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the evoting is in progress as per the information company. provided On clicking e-voting by the option, the user will be able to see e-Voting page of e-Voting provider your vote service casting the for during the remote e-Voting period. Additionally, there also links provided to system access the of all e is Voting Service Providers, so that the user can visit the e-Voting service providers' website directly.
	If the user is not registered for Easi/Easiest, option to CDSL _ website available register at is www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option.
	e-Voting Alternatively, access user can directly the

	page by providing Demat Account Number and PAN e-Voting from No. available on link a_ www.cdslindiacom home The system page. will OTP sending authenticate registered user by on the as recorded in the Demat Account. Mobile & Email After successful authentication, user will be able to e-Voting where option evoting see the the in is progress and also able to directly access the system of all e-Voting Service Providers.
Individual Shareholders (holding securities in their depository participants	You can also login using the login credentials of your demat account through your Depository Participant registered with demat mode) login through NSDL/CDSL for e-Voting facility. upon logging in, you will be able to see e- Voting option. Click on e-Voting option, you NSDL/CDSL Depository redirected will be after site to wherein e-Voting you successful authentication, can see feature. Click on company name or e-Voting service provider i.e., NSDL and you will be redirected to e-Voting website of NSDL remote e-Voting your during casting vote the for period.
Helpdesk for Individual technical	Important note: Members who are unable to retrieve User ID/ Password are advised to use Forgot User ID and Forgot Password option available at abovementioned website. demat mode for any Shareholders holding securities in issues related to login through Depository i.e. NSDL and CDSL
Login type Shareholders Individual mode demat securities in NSDL	Helpdesk details holding Members with facing technical any login can issue in NSDL helpdesk sending contact request by at a evoting@nsdl.co.in or call at 022 - 4886 7000
Individual Shareholders holding securities in demat mode with	Members facing technical any issue login can in CDSL helpdesk sending contact request by at a

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL

	wherein e-Voting successful authentication, you can see feature. Click on company name or e-Voting service provider i.e., NSDL and you will be redirected to e-Voting website of NSDL remote e-Voting your during casting vote the for period.
Helpdesk for Individual technical	Important note: Members who are unable to retrieve User ID/ Password are advised to use Forgot User ID and Forgot Password option available at abovementioned website. demat mode for any Shareholders holding securities in issues related to login through Depository i.e. NSDL and CDSL
Login type	Helpdesk details
Shareholders Individual mode demat securities in NSDL	holding Members with facing any technical login issue can in NSDL helpdesk sending contact request by a evoting@nsdl.co.in or call at 022 - 4886 7000
Individual Shareholders holding securities in demat mode with	Members facing technical any login can issue in CDSL helpdesk sending contact request by a helpdesk.evoting@cdslindia.com or contact at toll free

B) Login Method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

• 1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.
• 1. Once the home page of e-Voting system is launched, click on the icon "Login" which is available under 'Shareholder/Member' section.
• 1. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen. Alternatively, if you are registered for NSDL eservices i.e., IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e., Cast your vote electronically. Manner of holding shares i.e.Demat
• 1. Your User ID details are given below:

3.	A new screen will open. You will have to enter your User ID, your Password/OTP
and a Verification Code as shown on the screen. eservices after using your log-in credentials, to Step 2 i.e., Cast your vote electronically. Your User ID details are given below: 4.	Alternatively, if you are registered for NSDL eservices i.e., IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL click on e-Voting and you can proceed
	Your User ID is:
(NSDL or CDSL) or Physical a) For Members who hold shares in demat account with NSDL.	8 Character DP ID followed by 8 Digit Client ID For example, if your DP ID is IN300 12 your and Client ID then is user ID is IN30012**.
b) For Members who hold shares in demat account with CDSL.	16 Digit Beneficiary ID For example, if your Beneficiary KEE ID is then your user ID is [2* eH RRR 1 DH a a ie ie ie ie ie ie ie ie ie ee
Members holding For shares in c) Physical Form.	EVEN Number followed Folio by Number registered with the company For example, if folio number is 001 EVEN 101456 and then user ID is is 101456001
5. If you already registered are for a) password to login and cast your vote.	Password details for shareholders other than Individual shareholders are given below: e-Voting, then you user your existing can
If you are using NSDL e-Voting b) password' retrieve the 'initial system will force you to change your password.	system for the first time, you will need to communicated which Once was you you. to retrieve your 'initial password', you need to enter the 'initial password' and the
How to retrieve your 'initial password'? c) If your email ID (i) is password open the to your 'initial password'.	demat account your registered with or in company, your 'initial password' is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment 1.e., a .pdf file. Open the .pdf file. The NSDL your .pdf file 8-digit ID client for is account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your 'User ID' and If your email ID is not registered, please follow steps mentioned below

• 1. Password details for shareholders other than Individual shareholders are given below:
• a) If you are already registered for e-Voting, then you can user your existing password to login and cast your vote.
• b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the 'initial password' which was communicated to you. Once you retrieve your 'initial password', you need to enter the 'initial password' and the system will force you to change your password.

• c) How to retrieve your 'initial password'?

  • (i) If your email ID is registered in your demat account or with the company, your 'initial password' is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment 1.e., a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8-digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your 'User ID' and your 'initial password'.
  • If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered (il)
• 1. If you are unable to retrieve or have not received the "Initial password" or have forgotten your password:
• a) Click on "Forgot User Details/Password?"(If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.
• b) Physical User Reset Password?" (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.
• c) Ifyou are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.co.in mentioning your demat account number/folio number, your PAN, your name and your registered address etc.
• d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.
• 1. After entering your password, tick on Agree to "Terms and Conditions" by selecting on the check box.

• Now, you will have to click on "Login" button.

• After you click on the "Login" button, Home page of e-Voting will open.

Step 2: Cast your vote electronically on NSDL e-Voting system.

How to cast your vote electronically on NSDL e-Voting system?

• 1. After successful login at Step 1, you will be able to see all the companies "EVEN" in which you are holding shares and whose voting cycle.
• Select "EVEN" of company for which you wish to cast your vote during the remote e-Voting period.
• . Now you are ready for e-Voting as the Voting page opens.
• Cast your vote by selecting appropriate options i.e., assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on "Submit" and also "Confirm" when prompted.
• Upon confirmation, the message "Vote cast successfully" will be displayed.
• You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.
• Once you confirm your vote on the resolution, you will not be allowed to modify your

vote. General Guidelines for shareholders

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer by e-mail to atiuttamsingh@gmail.com with a copy marked to evoting@nsdl.co.in Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) can also upload their Board Resolution / Power of Attorney / Authority Letter etc. by clicking on "Upload Board Resolution / Authority Letter" displayed under "e-Voting" tab in their login.

2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the "Forgot User Details/Password?" or "Physical User Reset Password?" option available on www.evoting.nsdl.com to reset the password.

3. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.comor call on.: 022 - 4886 7000 or send a request to (Pallavi Mhatre) at evoting@nsdl.co.in

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for e-voting for the resolutions set out in this notice:

• 1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) by email to cs@aceintegrated.com
• 1. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) to cs@aceintegrated.com. If you are an Individual shareholder holding securities in demat mode, you are requested to refer to the login method explained at step 1 (A) 1.e., Login method for e-Voting for Individual shareholders holding securities in demat mode.
• 1. Alternatively, shareholder/members may send a request to evoting@nsdl.co.in_ for procuring user id and password for e-voting by providing above mentioned documents.
• 1. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-Voting facility.

ANNEXURE TO THE NOTICE

EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013

ITEM No. 1

TO ALTER THE OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANY

The Board has to consider from time-to-time proposals for diversification into different areas which would be profitable for the Company as part of diversification plans. For this purpose, the object Clause of the Company, which is presently restricted in scope, requires to be comprehensive so as to cover a wide range of activities to enable your Company to consider embarking upon new projects and activities. The alteration in the Object Clause of the Memorandum of Association as set out in the Resolution is to facilitate diversification. This will enable the Company to enlarge the area of operations and carry on its business economically, effectively and efficiently and the proposed activities can be, under the existing circumstances, conveniently and advantageously combined with the present activities of the Company. The Company is diversifying to venture into infrastructure development project, business support services, co-working infrastructure hiring spaces and utilizing already hired spaces available for business support services, co-working spaces etc.

The "Main Object" clause of the Memorandum of Association ("MOA") of the Company is being amended by inserting with further new sub-clauses.

The Board at its meeting held on 16 March, 2024 has approved amendment and alteration of the MOA of the Company and the Board now seek approval of the Members for the same.

The draft Copy of the Memorandum of Association of the Company is available for inspection at the registered office of the Company on any working day during Business Hours till the date of end of voting period. The amendment shall be effective upon the registration of the resolution with the Registrar of the Companies (ROC). The proposed change of object clause requires the approval of Members through Special Resolution pursuant to the provisions of Section 13 of the Companies Act, 2013.

None of the Directors and/ or Key Managerial Personnel of the Company and/or their respective relative(s) are concerned or interested either directly or indirectly, in this resolution.

The Board recommends passing of the resolution set out in Item No.1 as a special resolution.

Functional Industrial Estate, Industrial Area Patparganj, New Sd/-

Registered Office By the order of the Board B-13, DSIDC Complex, For Ace Integrated Solutions Limited

Delhi — 110092 Chandra Shekhar Verma (Managing Director) Date: 18.03.2024 Place: Delhi DIN: ^01089951