Acetech E-Commerce is an e-commerce company operating predominantly in India, focused on drop shipping, teleshopping and direct-to-consumer strategies.
Acetech’s promoters are renouncing their rights entitlements in a **Rs 40 crore rights issue**, which requires at least 90% subscription to proceed. The move follows the company’s capital-raising plans under market regulations. The rights issue aims to bolster Acetech’s financial position amid industry challenges.
Acetech E-Commerce secures ₹40 crore through a rights issue to fund its ₹10.41 crore cash acquisition of a 70% stake in Unique Cookware. The move expands Acetech’s portfolio in the cookware segment, leveraging capital raised from existing shareholders. The transaction reflects strategic growth in the home appliances and kitchenware e-commerce space.
Acetech E-Commerce acquires Neora-Store in a deal announced through an exchange filing. The acquisition targets expansion in the e-commerce sector, though specific terms or strategic details remain undisclosed.
Acetech E-Commerce acquires Zentaro and Phoenix Wear for **$2.075 million** in an all-asset deal targeting cross-border direct-to-consumer e-commerce. The transaction, approved by the board on **July 3, 2026**, requires regulatory clearance for foreign remittances and is set to close by **January 7, 2027**. The move expands Acetech’s footprint in international online retail.