ACTION CONSTRUCTION EQUIPMENT LTD. - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

With reference to the captioned subject, please find enclosed the trading approvals dated September 27, 2021 granted by National Stock Exchange of India Limited (NSE) and BSE Limited for trading of 56,00,000 equity shares of ? 2/- each issued at a premium of ? 240 bearing distinctive numbers from 117323001 to 122923000 issued to the eligible Qualified Institutional Buyers (QIBs) pursuant to the Issue.<BR> <BR> We request you to take the above on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <BR>