|₹30.05 / ₹11.25|
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Ace Software Exports was incorporated in Aug. '94 as a public limited company by Sanjay Dhamsania, Vikram Sanghani and Jay Sanghani. The promoters were engaged in the business of database creation since Oct. '92 under the partnership firm -- Ace Software Exports, which was exporting 100% of its production to Apex Data Services, US, since inception. The company acquired the business of the partnership firm in Mar. '95 and signed a fresh agreement with Apex Data Services for a buy-back of 100% of the production. The company has embarked on an expansion and diversification programme which involves expansion of its existing activities to cater to the large database creation requirement of North American and European markets. The expansion programme envisages nearly a four-fold increase in the existing capacity.