Action Construction Equipments Ltd. — Capital/Financing Update 2025

May 31, 2025

Corporate & Registered Office

Dudhola Link Road, Dudhola, Distt. Palwal-121102, Haryana, India

Action Construction Equipment Limited

Date: May 30, 2025

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To, The Manager Listing BSE Limited 5th Floor, P.J. Towers, Dalal Street, Mumbai-400001 Scrip Code: 532762

The Manager Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai-400051 CM Quote: ACE

Re: Revised intimation of Grant of Options under Action Construction Equipment Limited Employees Stock Option Scheme– 2021.

Dear Sir/Madam,

This is in continuation to our earlier intimation dated 27[th] May, 2025 regarding intimation of grant of options under Action Construction Equipment Limited Employees Stock Option Scheme-2021, we would like to bring to your kind attention that there has been a minor clerical error in the figure mentioned in the said intimation, the number of options granted was incorrectly mentioned as 35069 instead of the correct figure of 35661, accordingly, we are submitting this revised intimation to rectify the aforementioned error, all other details provided in the earlier intimation remain unchanged.

In accordance with the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), we hereby inform you that the Nomination and Remuneration Committee of Action Construction Equipment Limited (the “Company”) has passed a resolution on Monday May, 26, 2025 for grant of 35661 (“Thirty Five Thousand Six Hundred Sixty One”) Employee Stock Options (“Options”) convertible into equal number of Equity Shares of the Company of face value of Rs. 2/- each, to the eligible employees of the Company under the Action Construction Equipment Limited Employees Stock Option Scheme – 2021 (“scheme”).

The particulars required as per Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed herewith as Annexure -I .

You are requested to kindly take the same on record

Thanking you.

For Action Construction Equipment Limited

ANIL Digitally signed by ANIL KUMAR Date: 2025.05.31 KUMAR 15:07:23 +05'30' Anil Kumar Company Secretary & Compliance Officer M.NO. ACS:37791

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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@acecranes.com Customer Care No.: 1800 1800 004 (Toll Free),

CIN: L74899HR1995PLC053860, Website: www.ace-cranes.com

Annexure-I

The terms of the grant, inter-alia, are as under:

S. N.	Particulars		Details	Details	Details
1.	Brief details of options granted		Grant of 35661(“Thirty Five Thousand SixHundredSixtyOne”)Optionstoeligibleemployees. Effective grant date being 01.06.2025.
2.	Whether the Scheme is in terms of SEBI(Share Based Employee Benefits and SweatEquity) Regulations, 2021 (if applicable)		Yes
3.	Total number of shares covered by theseoptions		35661(“Thirty Five Thousand Six Hundred SixtyOne) Equity Shares of face value Rs. 2/- each (EachOption is convertible into one Equity Share of theCompany).
4.	Pricing Formula		Under this Scheme, the exercise price forOptions will be Rs 1200 /- per option.Accordingly, the exercise price was determined atRs1200 /- per Option.
5.	Options Vested		Further, the Options granted under the Schemeshall vest within 3 (Three) years from the grantdate subject to minimum vesting period of 1 (one)year in the following manner:
			TimePeriod	% of Options tobe vested
			At the end of 1st yearfrom the grantdate	33.33% oftheOptionsGranted
			At the end of 2nd yearfrom the grantdate	33.33% oftheOptionsGranted
			At the end of 3rd yearfrom thegrantdate	33.33% oftheOptionsGranted
6.	Time within which option may be exercised		All Options upon vesting shall be exercisableWithin 2 (Two) year from the date of respectivevesting.
7.	Options exercised		Not Applicable, as this disclosure is pertaining togrant of Options under the Scheme.
8.	Money realized by exercise of Options		Not Applicable, as this disclosure is pertaining togrant of Options under the Scheme.

9.	The total number of Shares arising as a resultof exercise of Option	35661(“Thirty Five Thousand Six Hundred SixtyOne”) Equity Shares of face value Rs. 2/- each willarise deeming all granted options are vested andexercised.
10.	Options lapsed	Not Applicable, as this disclosure is pertaining togrant of Options under the Scheme.
11.	Variation in terms of Options	Not Applicable
12.	Brief details of significant terms	The Scheme is administered by the Nominationand Remuneration Committee.The grant of Options is based upon theeligibility criteria as mentioned in the Scheme andthe Grant Letter.The granted Options, once vested shall entitlethe Option holder to acquire equal number ofEquity Shares, upon payment of exercise price andapplicable taxes in accordance with terms andconditions of the Scheme.The granted Options shall vest within minimumperiod of 1 (One) year and maximum period of3 (three) year from the date of grant.All Vested Options shall be respectively exercisedin one or more tranches within a period of 2 (Two)year from the respective dates of Vesting.The exercise price for Options will be Rs. 1200/-per option.
13.	Subsequent changes or cancellation orexercise of such Options	Not Applicable, as this disclosure is pertaining togrant of Options under the Scheme.
14.	Diluted earnings per share pursuant to the issueof equity shares on exercise of Options.	Not Applicable, as this disclosure is pertaining togrant of Options under the Scheme.

Kindly take the same on record.

Thanking You, For Action Construction Equipment Limited

ANIL Digitally signed by ANIL KUMAR KUMAR Date: 2025.05.31 15:07:41 +05'30' Anil Kumar Company Secretary Membership Number: ACS:37791