Ace Software Exports Limited, a leading Indian technology services provider, has announced a significant set of developments that mark a new phase in its global growth journey. The company has received a purchase order from a UK-based technology and data solutions enterprise, along with signing two Letters of Intent (LOIs) covering the setup of a Global Capability Center (GCC) in India and the exploration of a potential strategic investment.

Purchase Order from UK-Based Technology Company

The company has been awarded a purchase order worth GBP 51,000 (₹60 lakh approx.) by a reputed UK-based technology and data enterprise. This order is focused on the delivery of specialized technology and resource augmentation services, including testing, business analysis, and digital platforms.

This new engagement is expected to act as a foundation for a long-term business relationship, reaffirming Ace Software Exports’ strength in its global delivery model. The services will be executed over a timeframe of one year and fall under the international contract category as per SEBI disclosures.

Letter of Intent for Global Capability Center (GCC) in India

In a strategic move to expand global delivery capabilities, Ace Software Exports has signed a Letter of Intent (LOI) with the same UK-based enterprise to establish a Global Capability Center (GCC) in India.

The GCC will function as a dedicated offshore delivery hub, initially with a core team of skilled technology professionals. The first year of operations has been valued at GBP 360,000 (₹4.21 crore approx.), with strong potential to scale into a multi-year and multi-service delivery model.

This initiative is expected to significantly enhance Ace Software’s recurring revenue streams while enabling faster delivery of technology solutions to international clients.

Letter of Intent for Strategic Investment

Adding further strength to the partnership, Ace Software Exports has also executed another LOI for exploring a strategic investment opportunity with the overseas enterprise.

This potential investment is exploratory in nature, subject to due diligence, negotiations, definitive agreements, and regulatory approvals. The deal, if executed, would open doors to new avenues of collaboration, joint innovation, and accelerated growth.

About the Overseas Enterprise

The partner enterprise is a UK-based technology and data company accredited by Ofgem (the Office of Gas and Electricity Markets). With over a decade of experience in the domestic and commercial energy markets, the enterprise has built proprietary technology platforms that include:

• Energy asset optimisation solutions

• Data APIs and comparison engines

• Digital engagement portals for energy suppliers

The enterprise has invested nearly GBP 4 million over the past six years in developing its intellectual property-driven solutions. Importantly, 60% of its revenues are derived from recurring SaaS-based models, ensuring sustainable business operations.

The leadership team of the enterprise comes with strong global experience in scaling technology platforms, making it an ideal partner for Ace Software Exports’ international expansion.

Strategic Impact on Ace Software Exports

These developments are aligned with the company’s broader strategic vision to:

• Expand global footprint by building international delivery hubs.

• Enhance recurring revenue models through long-term technology partnerships.

• Pursue value creation by aligning with globally recognized enterprises.

By securing the UK purchase order and entering into LOIs for GCC setup and strategic investment, Ace Software Exports Limited has demonstrated its commitment to long-term growth and to strengthening its positioning as a trusted global technology partner.

Regulatory Compliance and Disclosures

The company has made the announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It has also provided the required disclosures under SEBI Circular guidelines.

The management confirmed that the orders and agreements are not related-party transactions and that promoters have no direct interest in the awarding entity.

Outlook and Future Updates

As the company progresses with execution and negotiations, it has assured stakeholders that further updates will be provided on material developments, including any binding commitments or definitive agreements.

With this step, Ace Software Exports is poised to strengthen its global presence, enhance delivery capabilities, and drive sustainable value creation for stakeholders.

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