Ace Software Exports Acquires Remaining 60% Stake in QeCAD for ₹28.6 Million

Ace Software Exports Ltd. has acquired the remaining 60% stake in QeCAD, solidifying its complete ownership of the design and drafting solutions firm. The transaction, valued at ₹28.6 million, is part of Ace Software's strategic expansion into specialized IT services and CAD (Computer-Aided Design) outsourcing.

This acquisition is expected to enhance Ace Software’s service offerings, streamline operations, and boost profitability by leveraging QeCAD’s capabilities in serving global clients. The move highlights the company’s focus on expanding its footprint in high-value outsourcing domains.

Source: Company Announcement