Action Construction Equipment Ltd
NSE: ACE BSE: 532762
₹884.70
(-1.07%)
Tue, 03 Mar 2026, 00:37 pm
Market Cap105.38B
PE Ratio24.91
Dividend0.23
Producer Manufacturing
Trucks/Construction/Farm Machinery
24.5KCompany History
1995
- Action Construction Equipment Limited was incorporated as a private limited company.
1998
- The registered office of the company was shifted to II Floor, Plot No 7, H Block, Sarita Vihar, New Delhi.
2005
- The Company was converted into a public limited company.
2006
- The Company emerged as the fastest growing construction equipment company in India.
- The name of the company was changed to Action Construction Equipment Limited.
2007
- The Company's Cyprus arm acquired 73.9% stake in a Romanian Company.
- The Company recommended payment of final dividend of 30%.
2008
- The Company signed a Memorandum of Understanding with a Chinese Company.
- The Registered Office of the Company was shifted to 5th Floor, TDI Center, Jasola, New Delhi.
2009
- The Company recommended a payment of final dividend of 20%.
2010
- The Board of Directors appointed Maj Gen Retd Dr KC Agarwal as an additional director.
2011
- The Company launched the new Model 15XW E.
- ACE launched its new generation pick and carry cranes models.
- ACE participated in Bauma by displaying various equipment.
- The Company recommended a dividend of Re 1 per equity share.
2012
- The Company appointed Shri Avinash P Gandhi as an additional director.
- The Company recommended a dividend of 10%.
2013
- Action Construction Equipment recommended a dividend of 10% per equity share.
2014
- Action Construction Equipment recommended a dividend of 5% per equity share.
2015
- The Company's registered office shifted from the Union Territory of Delhi to the State of Haryana.
- The Company approved and sanctioned the Scheme of Amalgamation of ACE TC Rentals Private Limited.
- The Company launched India's first Indian-Made Topless Tower Crane.
2016
- Action Construction Equipment updated on the Scheme of Amalgamation.
- The Company issued equity shares and preference shares to the shareholders of ACE TC Rentals Pvt Ltd.
2020
- ACE received the Best Company of the Year 2020 Award.
- ACE received the Most Innovative HR 2020 Award.
- ACE received the Outstanding Employee Engagement Strategy Awards 2020.
2023
- Action Construction Equipment unveiled India's first fully electric mobile crane.
- ACE unveiled India's largest indigenous crane with 180 tons lifting capacity.
- ACE developed India's first 100% electric Construction Equipment.
2025
- ACE and Sanghvi Movers signed a strategic MOU to scale deployment of indigenous heavy cranes.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800