16:44 IST
BSE
Merger & Restructuring
Action Construction Equipment Merger & Restructuring Worth ₹85.77 Cr
Action Construction Equipment Limited is transferring its Heavy Cranes Business to its JV, ACE KATO Private Limited, on a slump sale basis. The division contributed ₹85.77 Crore (2.58%) to FY25 revenue. The transaction is expected to conclude by June 30, 2026, with consideration settled through the issuance of subscription shares by the JV company.
- Value
- ₹85.77 Cr
- Execution
- On or before June 30, 2026