Annual Report FY 2025-26 of the Company is attached herewith.

Action Construction Equipment Limited Corporate & Registered Office Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India Date: August 24, 2026 The Manager Listing BSE Limited Scrip Code: 532762 5th Floor, P.J. Towers, Dalal Street, Mumbai-400 001 The Manager Listing National Stock Exchange of India Ltd CM Quote: ACE Exchange Plaza, Bandra Kurla Complex, Bandra(E), Mumbai-400 051 Subject: Annual Report 2025-26 and notice convening 32nd Annual General Meeting ("AGM") of the Company. Dear Sir/Madam, This is to inform you that the 32nd Annual General Meeting (AGM) of the Company will be held on Friday, September 18, 2026 at 12:00 Noon through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”) in compliance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the Annual Report of the Company along with the Notice of AGM for the financial year 2025-26, being sent through electronic mode to the members of the Company is attached. The Notice of AGM along with the Annual Report for the financial year 2025-26 is also being made available on the website of the Company at www.ace-cranes.com in investor relations section. This is for your information and records please. Thanking you For Action Construction Equipment Limited Anil Kumar Company Secretary 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 contEnts Built to lift Chairman’s Speech 03 EnginEErEd Management Discussion and Analysis Report 05 to ExcEl. Board’s Report with Annexures 23 Corporate Governance Report 85 Powering progress with robust engineering, Certificate regarding compliance of reliability and conditions of Corporate Governance 106 unmatched performance. Auditor’s Report on Standalone Financial Statement 107 Standalone Balance Sheet 121 Standalone Statement of Profit and Loss 123 Standalone Cash Flow Statement 124 Notes to the Standalone Financial Statement 129 Auditor’s Report on Consolidated Financial Statement 219 Consolidated Balance Sheet 227 Consolidated Statement of Profit and Loss 229 Consolidated Cash Flow Statement 231 Notes to the Consolidated Financial Statement 237 Notice to the Shareholders (32nd AGM) 335 Independent Reasonable Assurance Statement 353 Annual Report 2025-26 Action Construction Equipment Limited Chairman’s Speech presence. The joint venture will focus on truck cranes, crawler cranes and rough-terrain cranes, strengthening our presence in the premium and technologically advanced crane segment. We believe this partnership will facilitate technology enhancement, deeper localisation and the development of products for both Indian and international markets, thereby creating new avenues for long-term growth. Exports continue to present meaningful opportunities for ACE. The increasing competitiveness of Indian manufacturing, together with our engineering capabilities and cost advantages, provides a strong foundation for expanding our international footprint. We remain focused on identifying new markets and building sustainable export opportunities. Defence remains an important pillar of our diversification strategy. India’s increasing focus on indigenisation and modernisation of defence infrastructure is creating opportunities for specialised equipment and material handling solutions. We remain committed to leveraging our engineering and manufacturing capabilities in this strategically important sector. Dear Shareholders, It is with great pride and gratitude that I present to you the Our commitment to sustainability, innovation and responsible growth performance highlights of the Company for the financial year remains central to our long-term strategy. We continue to focus 2025-26, a year that demonstrated the resilience of our business on developing environmentally responsible products, improving model, the strength of our execution capabilities and our continued operational efficiency, enhancing workplace safety and strengthening commitment to sustainable value creation. governance practices. Sustainability considerations are increasingly integrated into our product development, manufacturing processes Despite a mixed global economic environment and evolving and strategic decision-making. geopolitical dynamics, ACE continued to strengthen its market position and deliver stable financial performance. During the year, Looking ahead, we remain optimistic about the medium- and the Company achieved a total income of ` 3,395 Crores. EBITDA long-term prospects of the Company. India’s infrastructure increased to ` 614 Crores, while Profit After Tax rose to ` 425 Crores. development, manufacturing expansion, logistics modernisation These results reflect the robustness of our business fundamentals, and agricultural transformation are expected to create significant prudent financial management and the continued trust of our opportunities across our business segments. Supported by our customers and stakeholders. Our strong balance sheet provides a strong brand, diversified product portfolio, robust distribution solid platform for future growth and strategic investments. network, technological capabilities and financial strength, ACE is well positioned to participate meaningfully in India’s next phase of India continues to progress steadily towards its vision of becoming growth. a developed economy by 2047. The Government’s continued emphasis on infrastructure creation, manufacturing, logistics Our focus will remain on driving profitable growth, enhancing modernisation and rural development remains a significant catalyst operational excellence, expanding our market presence, investing in for long-term economic growth. Investments in roads, railways, innovation and technology, and creating long-term value for all our urban infrastructure, ports, renewable energy and industrial stakeholders. corridors are creating substantial opportunities for the construction In conclusion, I would like to express my sincere gratitude to our and material handling equipment industry. shareholders, customers, dealers, suppliers, business partners, Against this favourable backdrop, ACE continued to strengthen its lenders and employees for their continued trust, support and position through investments in product innovation, technology, commitment. Their confidence inspires us to continuously raise the manufacturing excellence and operational efficiency. Our bar and pursue excellence. comprehensive portfolio of CEV-V compliant products has been Together, we will continue building a stronger ACE and contribute well accepted by customers and has strengthened our competitive meaningfully to India’s infrastructure and industrial development positioning across domestic and international markets. We remain while creating sustainable value for generations to come. focused on enhancing product performance, fuel efficiency, safety, reliability and sustainability across our portfolio. A significant strategic development in the recent period has been With best wishes, our partnership with KATO WORKS CO., LTD., Japan. ACE and KATO have established ACE KATO Private Limited, a 50:50 joint venture, Sincerely, combining KATO’s global expertise in crane technology and Vijay Agarwal engineering with ACE’s strong manufacturing capabilities and market Chairman and Managing Director Annual Report 2025-26 MANAGEMENT DISCUSSION AND ANALYSIS v INDUSTrY STrUCTUrE AND DEvELOpMENTS  GLOBAL ECONOMY OvErvIEW The global economy during FY 2025-26 demonstrated resilience [Showing first 8,000 characters — download PDF for full document]