Ace Men Engg Works logo

Ace Men Engg Works MD, chairman, board of directors and AGM

BSE: 539661RetailingSmall Cap

Last close ₹107.45up ₹5.05 (4.93%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹102.40.

52-week range of traded prices to 23 Oct 2026
₹83.25Low, 23 Oct 2026₹127.95High, 17 Sep 2026
Market cap
₹139 Cr2,758th largest listed
P/E
Lossover the last 12 months
P/B
2.1
Dividend yield
Nonein the last 12 months
ROE
0.0%
ROCE
−0.1%
Debt to equity
0.00
Volume, BSE
59,231

Ace Men Engg Works board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Managing directorRUCHIR BHAJRESHBHAI PATEL

5 directors3 independent1 executive1 non-executive

  • RUCHIR BHAJRESHBHAI PATEL · Managing directorExecutive · joined Feb 2023 · 1 listed board · 1 as independent
  • RUDRA CHETAN PATEL · Employee DirectorIndependent · joined Dec 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • DAKSHABEN SANJAYKUMAR PRAJAPATINon-executive · joined Aug 2025 · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • VIRENDRASINH KIRTISINH PARMARIndependent · joined Sep 2026 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • BHAUMIK KIRANKUMAR RAVALIndependent · joined Sep 2026 · 60 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Sourabh Gopichand Gaikwad, left 1 Jun 2026: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 5 Sep 20264 of 4 present2 independent · 22 days in between
    • 13 Aug 20264 of 4 present2 independent · 72 days in between
    • 1 Jun 20264 of 4 present2 independent · 12 days in between
    • 19 May 20264 of 4 present2 independent
  • Audit Committee

    Chair RUDRA CHETAN PATEL

    VIRENDRASINH KIRTISINH PARMAR, DAKSHABEN SANJAYKUMAR PRAJAPATI

    • 13 Aug 20263 of 3 present2 independent · 72 days in between
    • 1 Jun 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair VIRENDRASINH KIRTISINH PARMAR

    RUDRA CHETAN PATEL, DAKSHABEN SANJAYKUMAR PRAJAPATI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair DAKSHABEN SANJAYKUMAR PRAJAPATI

    RUCHIR BHAJRESHBHAI PATEL, RUDRA CHETAN PATEL

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • S P A K & AssociatesPeer-review certificate valid to Nov 2027
1 earlier auditor
  • M/S J. Singh & AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Ace Men Engg Works AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Ace Men Engg Works share news and announcements

Annual general meeting, 30 Sep 2026

2,019 shareholders on the register on 23 Sep 2026; present: 0 promoters and 40 others; votes counted by Pratik Bangade / Pratik Bangade & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt (a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors (b) the audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the AuditorsMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%

  2. To appoint a Director in place of Mr. Ruchir Patel (DIN: 09840600), who retires by rotation and, being eligible, offers himself for the re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%

  3. To consider and approve the re-appointment of M/s. Kakaria and Associates LLP, Chartered Accountant (FRN:104558W) as the Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%

  4. Regularisation of Additional Independent Director, Mr. Bhaumik Kirankumar Raval (DIN: 11927254) by appointing him as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%

  5. Regularisation of Additional Independent Director, Mr. Virendrasinh Kirtisinh Parmar (DIN: 09368575) by appointing him as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 100.00% · promoters 0.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
No
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.