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Action Construction Equipment gets nod for scheme of amalgamation

13 Nov 2017 Evaluate

Action Construction Equipment has received an approval for Scheme of Amalgamation of Frested, a wholly owned subsidiary of the Company, with itself. The Board of Directors of the Company at its meeting held on November 11, 2017, considered and approved the same.

Action Construction Equipment is the leading mobile crane manufacturing company in India.

Peers
Company Name CMP
BEML 2035.65
Action Const. Equip 1225.00
Sanghvi Movers 456.00
TIL 250.30
Brady & Morris Engg. 656.50
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