Ace Engitech

Ace Engitech Limited has pivoted its core business from financial activities to the Information Technology and web designing sector. The management is confident about future prospects, believing its performance will improve by creating a platform for its future activities. A key objective of this transition is to realign the company's capital with its assets, ensuring financial statements accurately reflect its business value. This strategic shift into IT services represents an opportunity for the company to enter a highly competitive and rapidly growing industry in India. To remain competitive, the company focuses on adopting the latest technologies to enhance customer convenience and improve the productivity and quality of its services. This business change was prompted by the cancellation of its NBFC license, as it could not meet the required net worth of ?200 lakhs.;