Action Construction Equipment Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 29, 2025
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Action Construction Equipment Limited has informed exchanges about its 31st Annual General Meeting scheduled for Friday, August 29, 2025 at 12:00 noon, to be held via video conferencing. Shareholders will consider adopting the audited standalone and consolidated financial statements for FY ended March 31, 2025, and approving a final dividend of ₹2.00 per equity share (100% on face value of ₹2). Other items include ratification of cost auditor remuneration of ₹1,75,000 for FY26, appointment of M/s Vasisht & Associates as Secretarial Auditor for a 5-year term (FY26–FY30), and re-appointment of two Independent Directors (Mr. Shriniwas Vashisht and Dr. Jagan Nath Chamber) for a second 5-year term each. The record date for dividend eligibility is August 14, 2025, and remote e-voting runs from August 25 to August 28, 2025.
This is a routine AGM notice with no major surprises — the ₹2 dividend (100% on face value) signals a steady payout, and director re-appointments are standard governance. Investors holding shares by the record date of August 14, 2025 will be eligible for the dividend; near-term stock price impact is expected to be minimal beyond typical ex-date adjustments.