Ace Men Engg Works
101.00
0.00(0.00%)
Market Cap₹130.40 Cr
PE Ratio-10,100.00
IndustryRetail
Company Performance:
1D0.00%
1M+0.34%
6M+8.44%
1Y+14.80%
5Y+215.13%
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More news about Ace Men Engg Works
11Sept 25
Ace Men Engg Works Corrects EGM Notice for Manibhadra Industries Acquisition
Ace Men Engg Works Limited has issued a corrigendum to its EGM notice, detailing plans to issue 98,16,000 equity shares at Rs. 64.00 per share to 34 non-promoter allottees. The share issuance aims to acquire a 100% stake in Manibhadra Industries Private Limited for Rs. 62,82,24,000.00. Post-allotment, promoter holding will decrease from 2.55% to 0.61%, with total shares increasing to 1,29,14,500. The acquisition is expected to expand operations, enhance market position, and diversify business without impacting cash reserves. The EGM is scheduled for September 12, 2025, at 03:00 P.M. via video conference.
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13Aug 25
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.
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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.
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Ace Men Engg Works
101.00
0.0
(0.0%)
1 Year Returns:+14.80%
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