Shareholders meeting

Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Date: September 18, 2026 The Manager Listing Scrip Code: 532762 BSE Limited 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 The Manager Listing CM Quote: ACE National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051 Subject: Proceedings of 32nd Annual General Meeting (AGM) of Action Construction Equipment Limited held on Friday, 18th September, 2026. Dear Sir/Madam, Pursuant to Regulation 30 read with sub-para 13 of Para-A of Part-A of Schedule-III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of 32nd Annual General Meeting (AGM) of the Company held on Friday 18th September, 2026 at 12:00 Noon through Video Conferencing (VC)/Other Audio Visual Means (OAVM). This is for your information and records please. Yours faithfully For Action Construction Equipment Limited Anil Kumar Company Secretary M.No. ACS:37791 Encl: As Above Corporate Office: Phone: +91-1275-280111 (50 Lines), Fax: +91-1275-280133, E-mail: works2@ace-cranes.com Mktg. H.Q.: 4th Floor, Pinnacle, Surajkund, Faridabad, NCR-121009, Phone: +91-129-4550000 (100 Lines), Fax: +91-129-4550022, Email: marketing@ace- cranes.com Customer Care No.:1800 1800 004 (Toll Free), CIN: L74899HR1995PLC053860, Website: www.ace-cranes.com PROCEEDINGS OF 32ND ANNUAL GENERAL MEETING OF THE MEMBERS OF ACTION CONSTRUCTION EQUIPMENT LIMITED HELD ON FRIDAY, 18TH SEPTEMBER, 2026 AT 12:00 NOON THROUGH VIDEO CONFERENCING (VC)/OTHER AUDIO VISUAL MEANS (OAVM). The 32ND Annual General Meeting (AGM) of the Members of Action Construction Equipment Limited (“the Company”) was held on Friday, 18th September, 2026 through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting commenced at 12:00 Noon. The Meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs ('MCA') and the Securities and Exchange Board of India ('SEBI'). Mr. Rajan Luthra, Chief Financial Officer, welcomed the Members to the Meeting and briefed the general instructions pertaining to AGM of the Company to the members. Mr. Vijay Agarwal, Chairman and Managing Director of the Company, chaired the Meeting. The Chairman welcomed the shareholders to the Meeting and on requisite quorum being present, called the Meeting to order. All the Directors, CFO and CS of the Company were present at the Meeting through VC/OAVM from their respective locations (Details are given below). Representatives of M/s B S R & Co., the Statutory Auditors and M/s Vasisht & Associates, Secretarial Auditors and Scrutinizers for the remote e-voting and the e-voting during the proceedings of the AGM were also present at the Meeting through VC/OAVM from their respective locations. The Chairman welcomed all the participants. S. NO. NAME DESIGNATION 1. Mr. Vijay Agarwal Chairman and Managing Director 2. Mrs. Mona Agarwal Whole-time Director 3. Mr. Sorab Agarwal Whole-time Director 4. Mrs. Surbhi Garg Whole-time Director 5. Mr. Avinash Parkash Gandhi Independent Director 6. Dr. Divya Singhal Independent Director 7. Mr. Shriniwas Vashisht Independent Director 8. Dr. Jagan Nath Chamber Independent Director 9. Mr. Rajan Luthra Chief Financial Officer Company Secretary & Compliance 10. Mr. Anil Kumar Officer Page | 1 With the consent of the Members present, the notice convening the AGM and the Auditor’s Reports for the year ended 31st March, 2026 was taken as read. There were no qualifications, observations or adverse remarks in the Statutory and Secretarial Auditor's Reports. The Chairman informed about the financial performance of the Company for the financial year 2025-26. He also apprised about the prevailing business conditions in the business segments in which the Company operates including Global Economy, Indian Economy, Construction Equipment Industry, market leadership, exports, defence, Joint Venture, CSR, outlook etc. The copy of Chairman Speech has also been uploaded on websites of the Stock Exchanges and available on the website of the Company. In terms of the notice dated 20th July, 2026 convening the 32nd AGM of the Company, the following businesses were transacted at the meeting through remote e-voting and e-voting during the AGM. Sr.No Particulars Ordinary Business: 1. To receive, consider and adopt: (a) the audited standalone financial statement of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2026, and the report of Auditors thereon. 2. To declare a final dividend of Rs. 2.00 (i.e. 100%) per equity share for the financial year ended March 31, 2026. 3. To appoint Mr. Sorab Agarwal (DIN: 00057666), who retires by rotation, as a Director. Special Business: 4. To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 2027. 5. To give loans, inter-corporate deposits, give guarantees in connection with loans made by any person or body corporate and to acquire by way of subscription, purchase or otherwise the securities of any other body corporate, in excess of the limits prescribed under Section 186 of the Companies Act, 2013. Page | 2 Members present at the meeting were given an opportunity to ask questions and seek clarification(s). The Chairman/Whole Time Director/CFO appropriately responded to the questions raised. It was informed to the members that the results of e-voting shall be disseminated to the stock exchanges and also uploaded on the website of the Company and NSDL; the authorized agency provided e-voting facility. Members who have not voted through remote e-voting were invited to cast their valuable vote through e-voting at the AGM in respect of the items stated in the Notice. The Chairman and CFO, thereupon, thanked all for their participation in the meeting. On completion of the e-voting, the AGM concluded at 01:38 p.m. The voting results will be declared separately. For Action Construction Equipment Limited Anil Kumar Company Secretary M.No. ACS:37791 Page | 3