Ace Software Exports has received approval for incorporation of wholly owned subsidiary of the company in a Free Zone in the United Arab Emirates (UAE), subject to necessary statutory and regulatory approvals, as may be applicable.
The proposed subsidiary will be engaged in the business of software development, IT services, and technology consulting, offering digital transformation and enterprise solutions to global clients with an objective to support and expand the company’s international operations, particularly in the Middle East and surrounding regions.
The Board of Directors of the Company at their meeting held on June 19, 2025, has approved the same.
Ace Software Exports is mainly engaged in the business of creation of Database. The company has been active in catering to the outsourcing needs of publishers and other organizations.