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Action Construction Equipment informs about company updates

20 Jun 2022 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform that Action Construction Equipment Limited (ACE) has been awarded with a contract to set up a state-of-the-art assembly plant for manufacturing of Tractors, Backhoe Loaders and Fabrication of Agricultural implements for the Government of The Republic of Ghana against a consideration of USD 24.98 Million. The said contract is secured through a credit agreement between the Government of The Republic of Ghana and Export- Import Bank of India. The project will be owned and operated by the Government of The Republic of Ghana. Details of the same are attached.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
BEML 1935.75
Action Const. Equip 1154.90
Sanghvi Movers 350.55
TIL 231.00
Brady & Morris Engg. 635.00
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