Action Construction Equipment Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2026, declared Select Dividend of Rs. 2 per equity share.
ACE · price
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On the reaction day the stock moved 3.4 pts less than Nifty Smallcap 250 and 3.8 pts less than its Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Action Construction Equipment Limited (ACE) declared a dividend of Rs. 2 per equity share (100% on face value of Rs. 2) for FY2025-26, subject to shareholder approval at the ensuing AGM. This is the same as the dividend declared for the previous year FY2024-25. For the year ended March 2026, standalone revenue from operations was Rs. 3,27,368 lakhs and profit after tax was Rs. 42,542 lakhs, compared to FY2025 revenue of Rs. 3,32,032 lakhs and PAT of Rs. 40,364 lakhs — showing a ~5.4% increase in net profit year-on-year. The board meeting commenced at 2:00 PM and concluded at 4:25 PM. Book closure dates for the dividend entitlement are yet to be announced.
Stable dividend signals consistent cash generation and financial health. However, flat dividend (no increase) and slight revenue decline year-on-year may limit near-term positive price reaction.