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Action Construction Equipment share news and announcements

NSE: ACEBSE: 532762Agricultural, Commercial & Construction VehiclesSmall Cap

Last close ₹1,000.10down ₹53.30 (5.06%)BSE ₹1,000.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,053.40.

52-week range of traded prices to 23 Oct 2026
₹745.10Low, 30 Mar 2026₹1,268.00High, 21 Sep 2026
Market cap
₹11,910 Cr539th largest listed
P/E
27.3
P/B
5.9
Dividend yield
0.20%
ROE
24.1%
ROCE
24.5%
Debt to equity
0.00
Volume, NSE
4,34,40047.9% delivered

Action Construction Equipment share news and announcements

848 announcements, routine notices left out, newest first. Page 17 of 17.

  1. Oct 2009

    • 22 Oct · Management

      Mr. Vijay K. Singh, Whole-time Director and Dr. K. C. Agarwal, Director has resigned from the directorship of the Company, whose resignation was duly accepted by the Board in its meeting held on October 22, 2009.
    • 12 Oct · Board meeting

      Meeting on 22 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
  2. Aug 2009

    • 6 Aug · Meeting

      Proceedings of the Annual General Meeting of the members of the Company held on August 06, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  3. Jul 2009

    • 28 Jul · Utilisation of Funds

      Vide notes to Accounts in the Un- audited financial results for the year ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 28, 2009) that: "Out of the Funds raised through IPO Rs. 5980 lac, Rs. 5976 lac have been utilized till 30th June, 2009 (details attached) and balance amount is lying unutilised & will be utilised as per amendments made to "Proposed Deployment of Funds" by the shareholders of the Company in its Annual General Meeting held on 1st August, 2008. The Shareholders of the Company has authorised the Board of Directors to utilise remaining IPO proceeds in the best interest of the Company". The details of the utilization shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 27 Jul · Dividend

      Dividend on equity shares, if declared in the ensuing Annual General Meeting to be held on August 6, 2009, will be payable on or after August 6, 2009.
    • 20 Jul · Board meeting

      Meeting on 28 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
    • 17 Jul · Meeting

      Transfer books of the Company would remain closed from August 03, 2009 to August 06, 2009 for the purpose of declaration of dividend. The Annual General Meeting of the Company will be held on August 06, 2009 wherein final dividend for the financial year 2008-2009 would be declared.
  4. May 2009

    • 28 May · Utilisation of Funds

      Vide notes to Accounts in the Audited financial results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on May 28, 2009) that: "Out of the Funds raised through IPO Rs. 5980 lac, Rs. 5484 lac have been utilized till 31st March, 2009 (details attached) and balance amount is lying unutilised & will be utilised as per amendments made to "Proposed Deployment of Funds" by the shareholders of the Company in its Annual General Meeting held on 1st August, 2008. The Shareholders of the Company has authorised the Board of Directors to utilise remaining IPO proceeds in the best interest of the Company. The unutilised funds have been temporarily invested in Fixed Deposits with the Bank". The details of the utilization shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 28 May · Dividend

      Board of Directors in its meeting held today i.e. May 28, 2009, have recommended payment of final dividend @ 20% on the paid up share capital of the company i.e. Rs 0.40 per equity share for the financial year 2008-09, subject to the approval of the shareholders.
    • 19 May · Board meeting

      Interalia to :- (1) Consider and take on record the Audited Yearly Financial Results of the company for the financial year 2008-2009. (2) Recommend Dividend to the Shareholders of the Company.
  5. Apr 2009

    • 13 Apr · Results

      Company will not be publishing/giving unaudited quarterly results for last quarter ended March 31, 2009. Company would be publishing Audited Financial Results for the financial year ended March 31, 2009 within end of the 3 months from the end of the Last quarter.
  6. Jan 2009

    • 29 Jan · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 29, 2009) that: "Out of the Funds raised through IPO Rs. 5980 lac, Rs. 4724 lac have been utilized till 31st December, 2008 and balance amount is lying unutilised & will be utilised as per amendments made to "Proposed Deployment of Funds" by the shareholders of the Company in its Annual General Meeting held on 1st August, 2008. The Shareholders of the Company has authorised the Board of Directors to utilise remaining IPO proceeds in the best interest of the Company. The unutilised funds have been temporarily invested in Fixed Deposits with the Bank".
    • 19 Jan · Board meeting

      Meeting on 29 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
  7. Dec 2008

    • 1 Dec · Change in registered office

      Registered office of the company has been changed to the following address: 5th Floor, TDI Center, Jasola, New Delhi-110076.
  8. Oct 2008

    • 31 Oct · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2008) that "Out of the Funds raised through IPO Rs. 5980 lac, Rs. 4677 lac have been utilized till 30th September, 2008 and balance are lying unutilised & will be utilised as per the "Proposed Deployment of Funds" mentioned in the Chapter" Objects of the Issue" of the Prospectus. The unutilised funds have been temporarily invested in Fixed Deposits with the Bank."
    • 22 Oct · Board meeting

      Meeting of Board of Directors of the Company which was scheduled to be held on October 27, 2008 to consider and take on record the Unaudited Financial Results of the company for the Quarter ended September 30, 2008, has been postponed to October 31, 2008.
    • 20 Oct · Board meeting

      Meeting on 27 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  9. Aug 2008

    • 4 Aug · Memorandum of Understanding

      The Company has signed a Memorandum of Understanding with a Chinese Company for acquisition of same. Other details will be apprised soon after the finalization of deal
    • 1 Aug · Meeting

      Proceedings of the Annual General Meeting of the Company held on August 01, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  10. Jul 2008

    • 22 Jul · Board meeting

      Meeting on 31 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
    • 17 Jul · Dividend

      Dividend on the Equity Shares, if declared in the ensuing Annual General Meeting to be held on August 01, 2008, will be payable on or after August 01, 2008.
    • 16 Jul · Meeting

      Register of Members and Share Transfer Books of the Company would remain closed from July 31, 2008 to August 01, 2008 for the purpose of declaration of Dividend. The Annual General Meeting of the Company will be held on August 01, 2008 wherein final dividend for the financial year 2007-2008 would be declared.
  11. May 2008

    • 20 May · Utilisation of Funds

      Vide notes to Accounts in the audited financial results for the quarter & year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on May 19, 2008) that "Out of the Funds raised through IPO Rs. 5980 lac, Rs. 4323 lac have been utilized till 31st March, 2008 and balance are lying unutilised & will be utilised as per the "Proposed Deployment of Funds" mentioned in the Chapter" Objects of the Issue" of the Prospectus. The unutilised funds have been temporarily invested in Fixed Deposits with the Bank."
    • 20 May · Dividend

      Board of Directors at its meeting held on May 19, 2008 have inter alia recommended payment of final dividend @ 20% on the paid-up capital share capital of the Company for the financial year 2007-08, subject to approval of the shareholders.
    • 9 May · Board meeting

      To consider and take on record the Audited Yearly Financial Results of the Company for the Financial Year 2007-08.
  12. Mar 2008

    • 31 Mar · Incorporation of subsidiary

      Company in its Board Meeting held on March 29, 2008 has decided to incorporate a 100% wholly owned Subsidiary company which would mainly be operating in to the field of Real Estate and Hospitality Business.
    • 7 Mar · Corporate action

      Board of directors of the Company vide Resolution passed through Circulation on March 05, 2008 has fixed March 24, 2008 as Record Date for sub-division of Shares of the Company.
    • 3 Mar · Results

      Result of the voting conducted through Postal Ballot on the resolutions. The members have passed all the resolutions with requisite majority. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  13. Feb 2008

    • 28 Feb · Management

      Consequent to the resignation of Mr. Satish Chandra Pandey from the post of Company Secretary, Mr. Ashish K Bhatt S/o Sh. Parmeshwra Nand Bhatt has been appointed as Company Secretary w.e.f. February 28,2008
  14. Jan 2008

    • 28 Jan · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 24, 2008) that "Out of the Funds raised through IPO Rs. 5980 lac, Rs. 3546 lac have been utilized till 31st Dec, 2007 and balance are lying unutilised & will be utilised as per the "Proposed Deployment of Funds" mentioned in the Chapter" Objects of the Issue" of the Prospectus. The unutilised funds have been temporarily invested in Fixed Deposits with the Bank."
    • 25 Jan · Meeting

      Board of the Directors has approved the following business in its meeting held on January 24, 2008. (1) Approved the Postal Ballot Notice for the purpose of Split up of shares of the Company, that 1 Equity Share of Rs.10/- each fully paid up in the capital of the Company, be sub-divided into 5 Equity shares of Rs.2/- each fully paid up along with other businesses. The Board of Directors at its meeting held on January 24, 2008, has appointed Mrs. Savita Trehan, Practising Company Secretary as Scrutinizer for conducting Postal Ballot process in fair & transparent manner. The Postal Ballot forms duly Completed should reach the Scrutinizer on or before February 29, 2008. The Scrutinizer will submit her report to the Chairman of the Company after completion of the Scrutiny and the results of the Postal Ballot shall be announced by the Chairman of the Company on March 03, 2008. A copy of the postal ballot notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 25 Jan · Dividend

      Board of Directors has approved the following business in its meeting held on January 24, 2008. (1) Declared and approved an Interim Dividend at the rate of 20% of the Paid up Capital of the Company.
    • 21 Jan · Dividend

      Interim dividend if declared in the Board Meeting scheduled to be held on January 24, 2008, the Dividend will be payable on and from February 05, 2008
    • 14 Jan · Board meeting

      To consider and take on record the un-audited financial results of the Company for the Quarter ended December 31, 2007, to consider and declare payment of interim Dividend to the Shareholders for the Financial Year 2007-08 and to consider and approve Employee Stock Option Scheme. The Company further informed that for the purpose of payment of interim dividend, if declared, at the Board Meeting of the Company, the Record Date is fixed on January 30, 2008.
  15. Nov 2007

    • 19 Nov · Business

      Our Cyprus arm (WOS) M/s Frested Limited has acquired further stake in Romanian Company viz. SC FORMA SA- Romania by way of PUBLIC OFFER. The Company has acquired an additional number of shares to the tune of 1,44,781/- (One Lakh Forty Four Thousand Seven Hundred Eighty One only). Now the total holding of the company comes to 9,27,165 i.e. 89.5%. This is to further inform you that once again, ACE has been awarded as the fastest growing construction equipment company among all the other construction equipment companies in India and in the same regard recently ACE won another award on October 30, 2007 at a ceremony in Mumbai. This award has been awarded to us for the second year consecutively by "NICMAR", which is a premium Construction Management Association in the Company.
  16. Oct 2007

    • 25 Oct · Split of equity shares

      October 25, 2007 that: "The Board has also accord its approval in the meeting held on today for split of Shares of the Company, that 1 Equity Share of Rs 10/- each fully paid up in the Capital of the Company, be sub-divided into 5 Equity shares of Rs 2/- each fully paid up."
    • 17 Oct · Board meeting

      To consider and take on record the un-audited financial results of the Company for the Quarter ended September 30, 2007 and to consider, inter alia, the matter relating to split of Equity Shares of the Company.
  17. Aug 2007

    • 24 Aug · Business

      JM Financial Mutual Fund through its various schemes has acquired 33300 shares aggregating to 0.19% of the total paid up capital of Action Construction Equipment Limited on August 22, 2007. The Mode of acquisition is Open Market. The shareholding of JM Financial Mutual Fund through its various schemes after the said acquisition is 1302038 shares aggregating to 7.24% of the total paid up capital of Action Construction Equipment Limited.
    • 20 Aug · Management

      Consequent to the resignation of Mr. Rishi Mathur from the post of Company Secretary, Satish Chandra Pandey S/o Sh. Kameshwar Pandey has been appointed as a Company Secretary w.e.f. August 17, 2007.
  18. Jul 2007

    • 20 Jul · Meeting

      Register of Members and Share Transfer Books of the Company will remain closed from August 04, 2007 to August 08, 2007 (both days inclusive), as Annual General Meeting of the Company is scheduled to be held on August 08, 2007 and for the purpose of payment of final dividend @30% on the paid-up share capital of the Company for the Financial Year 2006-07, subject to approval of the shareholders.
    • 20 Jul · Dividend

      Final dividend @ 30% declared by the Board of Directors for the year 2006-07 is proposed to be paid from and on August 14, 2007 onwards subject to requisite approval of the shareholders at the forthcoming Annual General Meeting of the Company scheduled for Wednesday, August 08, 2007
    • 19 Jul · Board meeting

      Meeting on 31 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
  19. May 2007

    • 29 May · Dividend

      Board of Directors at its meeting held today i.e. May 29, 2007 have inter alia recommended payment of final dividend @ 30% on the paid-up capital share capital of the Company for the Financial year 2006-07, subject to approval of the shareholders.
    • 23 May · Board meeting

      To consider and take on record inter-alia Audited Financial Results for the financial year ended March 31, 2007 and approval of Final Dividend, if any, for the Financial Year 2006-07.
  20. Apr 2007

    • 20 Apr · Results

      Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.
  21. Feb 2007

    • 8 Feb · Miscellaneous

      On 2nd Feb,2007, our Cyprus arm (WOS) M/s FRESTED Limited has acquired 73.9% stake in a Romanian Company viz SC FORMA SA-Romania, for a total cost of 2.15 M USD. ACE has added its 7th location on it's map. SC FORMA SA-Romania is 58 years old company. Shares of the Company are listed on RASDAQ stock exchange of Bucharest (Romania). Earlier, the Company was engaged in the activity of manufacturing of small Tractors from 4 HP to 15 HP, along with various agriculture implements. Due to general downtrend in the Eastern European economy and breakdown in the industrial structures in Romania, Tractor manufacturing was discontinued. Now, the company is manufacturing Tractor Parts, automotive parts & Agriculture Implements with its own forging & Machine shop. This Company has a total manpower of 120 Employees and fleet of Machines and located in a area of 35000 Sq Mtr. ACE intends to manufacture it's own products like Cranes, Loaders, Forklifts etc. in this new company and enter into European Market. ACE also intends to acquire further stake in this Company, by way of open offer, through its WOS, M/s FRESTED LIMITED, Cyprus.
  22. Jan 2007

    • 18 Jan · Board meeting

      Inter alia, take on record the un-audited financial results of the Company for the quarter ended December 31, 2006.
    • 15 Jan · Business

      In the Meeting held on 11th Jan, 2007, the Board has approved acquisition of 74% stake in a Romanian Company, thru our Cypursian wholly owned subsidiary (WOS), M/s. FRESTED Limited, for a total cost of 2.15 Million USD. Besides this, the Company will also invest to the extent of 0.45 M USD in the Romanian Company.