Ace Men Engg Works to Consider Major Corporate Actions in Upcoming Board Meeting
Ace Men Engg Works Limited has scheduled a Board of Directors meeting for August 14, 2025, to discuss several important matters. The agenda includes reviewing Q1 FY2025-26 financial results, proposing an increase in authorized share capital to Rs. 14.00 crores, expanding financial limits for investments, loans, and borrowings to Rs. 500.00 crores each, and considering the acquisition of Manibhadra Industries Private Limited through a share swap. The trading window for designated persons will remain closed until 48 hours after the meeting outcome is announced.
10Aug 25
Ace Men Engg Works Plans Major Corporate Actions, Board Meeting Scheduled
Ace Men Engg Works Limited announces a board meeting on August 14, 2025, to discuss significant corporate actions. The agenda includes reviewing Q2 2025 financial results, proposing an increase in authorized share capital to Rs. 14.00 crores, expanding financial limits for investments, loans, borrowings, and related party transactions to Rs. 500.00 crores each, and considering the acquisition of Manibhadra Industries Private Limited through a share swap. These proposals, except for the financial results review, will require shareholder approval.