ACTION CONSTRUCTION EQUIPMENT LTD. - Corporate Action-Board approves Dividend

Pursuant to the Regulation 33 and Regulation 30 read with Para A of Part A of schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors in its meeting held on Tuesday, May 30, 2023 has Recommended the Dividend @ 50% i.e. Rs. 1.00 per equity share of Rs.2 each for the financial year 2022-23 subject to approval of the shareholders at the ensuing Annual General Meeting.