Action Construction Equipment Limited held its 31st Annual General Meeting (AGM) on Friday, August 29, 2025, via video conferencing, where the board approved a final dividend of ₹2.00 per equity share for the financial year ended March 31, 2025.
The meeting, chaired by Mr. Vijay Agarwal, commenced at 12:00 Noon. Key discussions included the adoption of audited standalone financial statements and consolidated financial statements for the year ended March 31, 2025.
The board also approved the re-appointment of Mrs. Surbhi Garg, who retired by rotation, as Director. Additionally, the board ratified the remuneration for cost auditors for the financial year ending March 31, 2026, and approved the appointment and remuneration of the Secretarial Auditor. Mr. Shriniwas Vashisht and Dr. Jagan Nath Chamber were re-appointed as Non-Executive Independent Directors.
Other key decisions included discussion on the financial performance of the Company for the financial year 2024-25 and prevailing business conditions in the business segments in which the Company operates.
The meeting concluded with a vote of thanks to all participants, and the AGM adjourned at 01:10 p.m.
The voting results will be declared separately.
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