ACI Infocom Ltd (517356)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, ACI Infocom's revenue was ₹0.0 Cr (-100.0% year on year), and net profit ₹0.2 Cr (against a loss a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | — |
| Operating profit | ₹-0.1 | loss narrowed | loss widened |
| Net profit | ₹0.2 | from loss | from loss |
| EPS (₹) | 0.02 | from loss | from loss |
📢 Recent Corporate Announcements
ACI Infocom Limited announced that its Board of Directors approved the appointment of JVJ & Co. as Internal Auditor for FY 2026-27. Additionally, M/s. Nishant Bajaj & Associates resigned as Secretarial Auditor effective August 27, 2026, citing pre-occupation with other commitments. Consequently, the Board appointed M/s. D Maurya and Associates as Secretarial Auditor for a five-year term from April 1, 2026, to March 31, 2031. The company's 44th Annual General Meeting is scheduled for September 30, 2026.
- Appointment of JVJ & Co. as Internal Auditor for FY 2026-27
- Resignation of M/s. Nishant Bajaj & Associates as Secretarial Auditor with effect from August 27, 2026
- Appointment of M/s. D Maurya and Associates as Secretarial Auditor for a 5-year term ending March 31, 2031
- 44th Annual General Meeting scheduled on September 30, 2026
ACI Infocom Ltd announced the appointment of JVJ & Co. as its Internal Auditor for FY 2026-27. The company also approved the appointment of M/s. D Maurya and Associates as Secretarial Auditor for a 5-year term through March 31, 2031, following the resignation of M/s. Nishant Bajaj & Associates. Furthermore, the 44th Annual General Meeting has been scheduled for September 30, 2026.
- Appointed JVJ & Co. as Internal Auditor for FY 2026-27
- Appointed M/s. D Maurya and Associates as Secretarial Auditor for 5 consecutive years (April 1, 2026 to March 31, 2031)
- Noted resignation of M/s. Nishant Bajaj & Associates as Secretarial Auditor effective August 27, 2026
- Scheduled 44th Annual General Meeting for September 30, 2026 at 3:00 PM IST
Credora Partners has submitted the Draft Letter of Offer on behalf of Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia to acquire up to 3,70,47,634 equity shares (26.00% of emerging voting capital) of ACI Infocom Ltd at ₹1.53 per share in cash, amounting to ~₹5.67 Cr. The open offer is triggered pursuant to SEBI SAST Regulations following a proposed preferential issue of equity and warrants that will result in a change of control and management. The tentative tendering period is set for October 05, 2026, to October 16, 2026, pending shareholder approval at the EGM on September 09, 2026, and in-principle approval from BSE. With the company reporting zero TTM revenue and zero promoter holding, this represents a complete control transition.
- Open offer to acquire up to 3,70,47,634 equity shares representing 26.00% of the emerging voting capital.
- Offer price fixed at ₹1.53 per fully paid-up equity share (face value ₹1.00), payable in cash.
- Transaction represents an aggregate open offer consideration of approximately ₹5.67 Cr.
- Tendering period scheduled from October 05, 2026, to October 16, 2026.
- Shareholder approval for the underlying preferential issue is scheduled for the EGM on September 09, 2026.
Acquirers Mr. Sanjay Natvarlal Mandavia and Ms. Rupal Sanjay Mandavia have filed a Draft Letter of Offer to acquire up to 3,70,47,634 equity shares representing 26.00% of the emerging voting share capital of ACI Infocom Ltd. The open offer is priced at ₹1.53 per share payable in cash, triggering a change in control and management. The offer price of ₹1.53 is at a discount to the current market price of ₹2.40. The tendering period is tentatively scheduled to open on October 05, 2026, and close on October 16, 2026.
- Open offer for up to 3,70,47,634 equity shares representing 26.00% of emerging voting share capital
- Offer price fixed at ₹1.53 per fully paid-up equity share of face value ₹1 each, payable in cash
- Open offer brings substantial acquisition and change in control and management of the Target Company
- Tendering period scheduled from October 05, 2026, to October 16, 2026, with identified date as September 18, 2026
ACI Infocom Limited has issued an Extraordinary General Meeting (EGM) notice scheduled for September 09, 2026, seeking shareholder approval to alter its Memorandum of Association (MoA). The company proposes to expand its core business objects beyond IT/hardware into aviation services, drone/UAV manufacturing, defence systems, commercial explosives, and infrastructure EPC. The agenda also includes adopting new Articles of Association (AoA) and increasing authorized share capital. Remote e-voting is set from September 06 to September 08, 2026, with a cut-off date of September 02, 2026.
- EGM scheduled on September 09, 2026 at 2:00 PM IST via VC/OAVM.
- Cut-off date for eligibility to vote remotely fixed as September 02, 2026.
- Remote e-voting window open from September 06, 2026 (9:00 AM) to September 08, 2026 (5:00 PM).
- Special resolutions proposed for substituting MoA Object Clause III (A) to enter aviation, defence equipment, explosives, and infrastructure.
- Proposed adoption of new Articles of Association and an increase in authorized share capital.
Acquirers Mr. Sanjay Natvarlal Mandavia and Ms. Rupal Sanjay Mandavia have issued a Detailed Public Statement to acquire up to 3,70,47,634 equity shares, representing 26.00% of the emerging voting share capital of ACI Infocom Limited. The open offer is priced at ₹1.53 per share, valuing the open offer aggregate at approximately ₹5.67 crore. The transaction is triggered under Regulations 3(1) and 4 of SEBI SAST Regulations, indicating a potential change of control in the company, which currently has 0.0% promoter holding and zero TTM operational revenue.
- Open offer to acquire up to 3,70,47,634 equity shares of the Target Company.
- Offer represents 26.00% of the Emerging Voting Share Capital.
- Offer price fixed at ₹1.53 per equity share.
- Offer triggered under SEBI (SAST) Regulations 3(1) and 4 by acquirers Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia.
Credora Partners has issued a Detailed Public Statement on behalf of acquirers Sanjay Natvarlal Mandavia and Rupal Sanjay Mandavia for an open offer to acquire up to 3,70,47,634 equity shares, representing 26.00% of the emerging voting share capital of ACI Infocom Ltd. The open offer is priced at ₹1.53 per share, amounting to an aggregate consideration of approximately ₹5.67 crore. The open offer is triggered under SEBI (SAST) Regulations 3(1) and 4, potentially leading to a change in management/control of the company, which currently has 0% promoter holding and nil operational revenues.
- Open offer to acquire up to 3,70,47,634 equity shares representing 26.00% of emerging voting share capital
- Offer price fixed at ₹1.53 per equity share
- Acquisition led by individual acquirers Mr. Sanjay Natvarlal Mandavia and Ms. Rupal Sanjay Mandavia
- Manager to the Open Offer is Credora Partners Private Limited
ACI Infocom Limited announced the appointment of Mr. Mukesh Kumar as Chief Financial Officer, effective August 14, 2026. Alongside the appointment, the company approved its standalone financial results for the quarter ended June 30, 2026. For the quarter, the company reported nil revenue from operations and a net loss of ₹15.98 lakhs, compared to a net loss of ₹13.65 lakhs in the prior-year period. Total expenses for the quarter stood at ₹15.98 lakhs, primarily consisting of ₹11.64 lakhs in other expenses and ₹4.34 lakhs in employee benefit expenses.
- Appointed Mr. Mukesh Kumar as Chief Financial Officer with effect from August 14, 2026.
- Reported nil (₹0.00) revenue from operations and total income for the quarter ended June 30, 2026.
- Recorded a net loss of ₹15.98 lakhs for Q1 compared to a net loss of ₹13.65 lakhs in Q1 of the previous year.
- Total expenses stood at ₹15.98 lakhs, comprising ₹11.64 lakhs in other expenses and ₹4.34 lakhs in employee costs.
ACI Infocom reported standalone financial results for the quarter ended June 30, 2026, recording nil revenue from operations and nil total income compared to ₹5.90 lakh in the corresponding quarter of the previous year. Total expenses stood at ₹15.98 lakh, driven by employee benefit expenses of ₹4.34 lakh and other expenses of ₹11.64 lakh. The company posted a net loss of ₹15.98 lakh for the quarter against a net profit of ₹23.63 lakh in the preceding quarter ended March 31, 2026. Separately, the board approved the appointment of Mr. Mukesh Kumar as Chief Financial Officer effective August 14, 2026.
- Revenue from operations remained at ₹0.00 lakh for the quarter ended June 30, 2026, down from total income of ₹5.90 lakh in Q1 FY26
- Net loss for the quarter came in at ₹15.98 lakh compared to a net profit of ₹23.63 lakh in the prior quarter (Q4 FY26)
- Total expenses were ₹15.98 lakh, comprising ₹4.34 lakh in employee expenses and ₹11.64 lakh in other expenses
- Basic and diluted EPS stood at ₹(0.014) on a paid-up equity capital base of ₹1,104.91 lakh
- Appointed Mr. Mukesh Kumar as the Chief Financial Officer effective August 14, 2026
ACI Infocom reported a standalone net loss of ₹15.98 lakh for the quarter ended June 30, 2026, compared to a net profit of ₹23.63 lakh in the previous quarter and a loss of ₹13.65 lakh in Q1 FY26. Total income was nil during the quarter versus ₹33.99 lakh in the preceding quarter. Total expenses stood at ₹15.98 lakh, driven by employee benefit expenses of ₹4.34 lakh and other expenses of ₹11.64 lakh. Additionally, the board approved the appointment of Mr. Mukesh Kumar as Chief Financial Officer effective August 14, 2026.
- Total income reported at ₹0.00 lakh for the quarter ended June 30, 2026, compared to ₹33.99 lakh in Q4 FY26
- Net loss stood at ₹15.98 lakh compared to a net profit of ₹23.63 lakh in the previous quarter
- Total expenses for the quarter were ₹15.98 lakh, including ₹4.34 lakh employee expenses and ₹11.64 lakh other expenses
- EPS for the quarter was ₹(0.014) compared to ₹0.021 in Q4 FY26
- Appointed Mr. Mukesh Kumar as Chief Financial Officer effective August 14, 2026
ACI Infocom reported zero revenue from operations and nil total income for the quarter ended June 30, 2026, compared to a total income of ₹5.90 lakh in Q1 FY26. The company posted a net loss of ₹15.98 lakh for the quarter, worsening from a net loss of ₹13.65 lakh in the year-ago period and down from a profit of ₹23.63 lakh in Q4 FY26. Total expenses stood at ₹15.98 lakh, driven primarily by employee costs and other administrative expenses. Additionally, the Board appointed Mr. Mukesh Kumar as Chief Financial Officer effective August 14, 2026.
- Revenue from operations and total income remained at ₹0.00 lakh for Q1 FY27 versus ₹5.90 lakh total income in Q1 FY26
- Net loss widened to ₹15.98 lakh compared to a net loss of ₹13.65 lakh in Q1 FY26 and a net profit of ₹23.63 lakh in Q4 FY26
- Total expenses stood at ₹15.98 lakh, including ₹4.34 lakh in employee expenses and ₹11.64 lakh in other expenses
- Basic and diluted EPS stood at ₹(0.014) for the quarter
- Mr. Mukesh Kumar appointed as Chief Financial Officer effective August 14, 2026
ACI Infocom Ltd has reported the resignation of two Independent Directors, Mr. Hemantkumar S Jain and Mrs. Krishna Kamalkishore Vyas, effective August 14, 2026. Both directors have confirmed there are no material reasons for their departure other than those stated in their resignation letters. This management change occurs against a backdrop of zero TTM revenue and a significant decline in promoter holding from 22.88% in June 2025 to 0.0% as of March 2026. The company currently operates as a micro-cap with a market valuation of Rs 20 Cr.
- Two Independent Directors resigned simultaneously via letters dated August 11, 2026.
- Resignations of Mr. Hemantkumar S Jain and Mrs. Krishna Kamalkishore Vyas are effective from August 14, 2026.
- Promoter holding in the company has dropped to 0.0% as of the March 2026 quarter.
- The company reported Rs 0.0 Cr revenue for the last four consecutive quarters ending March 2026.
ACI Infocom Ltd has announced the simultaneous resignation of two Independent Directors, Mr. Hemantkumar S Jain and Mrs. Krishna Kamalkishore Vyas, effective August 14, 2026. Both directors have confirmed there are no material reasons for their exit other than those stated in their letters. This management change is significant as the company currently reports zero TTM revenue and has seen promoter holding drop to 0.0% as of March 2026. With a market capitalization of only Rs 20 Cr, board stability is critical for any potential turnaround.
- 2 Independent Directors resigned simultaneously on August 11, 2026
- Resignations are effective from August 14, 2026
- Promoter holding has declined from 22.88% in June 2025 to 0.0% in March 2026
- Company reported Rs 0 Cr revenue for the TTM period and FY26
- Market capitalization stands at a micro-cap level of Rs 20 Cr
ACI Infocom Ltd has announced a board meeting on August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently in a precarious financial position with TTM revenue of Rs 0 Cr and a TTM net loss of Rs 2 Cr. Notably, promoter holding has dropped to 0.0% as of March 2026, down from 22.88% in September 2025. The trading window for designated persons has been closed since July 1, 2026.
- Board meeting scheduled for August 14, 2026, to review Q1 FY27 results.
- Trading window has been closed since July 1, 2026, per SEBI regulations.
- Company reports Rs 0 Cr TTM revenue and a net loss of Rs 2 Cr.
- Promoter holding has reached 0.0% as of the latest March 2026 filing.
- Market capitalization stands at a micro-cap level of Rs 19 Cr.
Mr. Sanjay Natvarlal Mandavia and Ms. Rupal Sanjay Mandavia have launched an open offer to acquire up to 3,70,47,634 shares (26% stake) of ACI Infocom at ₹1.53 per share. This follows a board-approved preferential allotment of 3.2 crore equity shares and 29.48 crore fully convertible warrants to the acquirers and others. The total open offer consideration is valued at approximately ₹5.67 crore. Given the company's current zero-revenue status and 0% promoter holding, this represents a complete change in management and control.
- Open offer price set at ₹1.53 per share, which is a discount to the current market price of ₹1.70
- Offer size of 3,70,47,634 equity shares representing 26% of the emerging voting share capital
- Board approved preferential issue of 3.2 crore equity shares and 29.48 crore warrants at ₹1.53 each
- Total maximum consideration for the open offer is ₹5,66,82,881
- Emerging voting share capital to expand to 14,24,90,900 shares post-allotment
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