Action Construction Equipment Limited has filed its quarterly compliance certificate with stock exchanges BSE and NSE for the quarter ended March 31, 2026. The submission fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations 2018.

Regulatory Compliance Filing

The certificate was submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018, dated April 17, 2026. Company Secretary and Compliance Officer Anil Kumar signed the filing on behalf of Action Construction Equipment Limited.

Certificate Confirmation

Skyline Financial Services Private Limited, serving as the company's SEBI registered Category-1 Registrar and Share Transfer Agent, issued the confirmation certificate dated April 14, 2026. The certificate confirms that no physical share certificates were received for dematerialization of equity shares during the quarter ended March 31, 2026.

Pawan Singh Bisht, Assistant General Manager (Corporate Affairs) and Compliance Officer at Skyline Financial Services, signed the certificate confirming compliance with depositories regulations.

Stock Exchange Notification

The filing was submitted to both major Indian stock exchanges where Action Construction Equipment Limited shares are listed:

• BSE Limited: Scrip Code 532762
• National Stock Exchange: Trading Symbol ACE

The company requested both exchanges to take the regulatory information on record, ensuring transparency and compliance with listing requirements.

Corporate Information

Action Construction Equipment Limited operates from its corporate and registered office located at Dudhola Link Road, Dudhola, District Palwal, Haryana. The company maintains its marketing headquarters in Faridabad, NCR, and provides customer support through toll-free services.

Action Construction Equipment has successfully executed the Investment & Shareholder Agreement with Kato Works Co., Ltd., Japan, completing the formal establishment of their strategic joint venture. The agreement was executed on March 11, 2026, following the earlier approval granted in February 2026, marking a significant milestone in the partnership between the Indian construction equipment manufacturer and the Japanese technology leader.

Agreement Execution and Structure

The formal execution of the Investment & Shareholder Agreement has established ACE Kato Private Limited as a balanced 50:50 joint venture entity. The company was officially incorporated on March 11, 2026, with approval from the Ministry of Corporate Affairs.

Financial Structure and Governance

The joint venture company has been established with a clear financial framework and governance structure. Both partners will hold equal representation on the board of directors, ensuring balanced decision-making processes.

Strategic Partnership Objectives

The joint venture aims to combine Kato Works' global technology, design, and engineering expertise with Action Construction Equipment's strong manufacturing base and extensive market reach in India. This collaboration is designed to enhance product competitiveness through improved performance and cost efficiency while enabling both partners to address new growth opportunities across domestic and international markets.

The partnership structure includes specific governance provisions, with both companies having the right to nominate two directors each to the board of ACE Kato Private Limited. The agreement also establishes board reserved matters that require approval from both partners, ensuring collaborative decision-making on critical business issues.

Regulatory Compliance and Future Transactions

Action Construction Equipment has confirmed that currently there are no related party transactions between the partners. However, any future transactions with the joint venture company will be conducted on an arm's length basis, in compliance with applicable laws and subject to necessary approvals from respective audit committees and boards as required under regulatory frameworks.