Action Construction Equipment Limited (ACE) has received a significant Ministry of Defence order for 285 special forklifts and six rough terrain cranes, bolstering its position in the “Make in India” effort.

According to Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Action Construction Equipment Limited (“the Company”) has received a prestigious order from the Ministry of Defence (MoD) for the supply of 285 special forklifts and 6 rough terrain cranes with a lifting capacity of 30 tonnes. This order demonstrates the company’s commitment to the “Make in India” and “AatmaNirbhar Bharat” initiatives, both of which are top objectives for the Indian government.

Action Construction Equipment (ACE) is a well-known and renowned brand with a strong presence in several industries, including construction, infrastructure, manufacturing, logistics, and agriculture. The company’s strong market position is further emphasised by its financial performance, which saw a consolidated net profit rise by 24.62 percent to ₹84.18 crore on a 12.68 percent growth in sales, totalling ₹734.26 crore in Q1 FY25 compared to Q1 FY24.

For more information, visit: https://www.ace-cranes.com/