Action Construction Equipment Liquidates SC FORMA SA, Receives ₹14.34 Crore

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Action Construction Equipment Limited has announced the liquidation of its overseas subsidiary, SC FORMA SA, located in Romania. The liquidation was completed, and the consideration of ₹14.34 crore was received on September 3, 2025.

The liquidation is part of the company's efforts to simplify its group structure. SC FORMA SA, a non-operating subsidiary, was acquired earlier by Action Construction Equipment.

Key Details of the Liquidation

Additional Information

• The agreement date for the sale is not applicable as the entity has undergone voluntary liquidation.
• The expected date of completion of sale/disposal is not applicable as the entity has been voluntarily liquidated.
• Brief details of buyers and whether any of the buyers belong to the promoter/promoter group/group Companies are not applicable.
• Whether the transaction would fall within related party transactions is not applicable.
• Whether the sale, lease or disposal of the undertaking is outside the Scheme of Arrangement is not applicable.
• Additionally, in case of a slump sale, indicative disclosures provided for Amalgamation/Merger, shall be disclosed by the listed entity with respect to such slump sale is not applicable.

Anil Kumar, Company Secretary & Compliance Officer, confirmed that the details required under Regulation 30 of the SEBI Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD-2/CIR/P/0155 dated November 11, 2024, are enclosed in Annexure-A.

The company has confirmed that the details required under Regulation 30 of the SEBI Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD-2/CIR/P/0155 dated November 11, 2024, are enclosed in Annexure-A.