Action Construction Equipment Limited has submitted its Secretarial Compliance Report for the financial year ending March 31, 2026. The report, prepared by M/s Vasisht & Associates, Company Secretaries, confirms the company’s adherence to various SEBI regulations. The filing indicates that the company has complied with the prescribed norms, with no significant deviations noted during the review period.
ACE Submits Annual Secretarial Compliance Report
Action Construction Equipment Limited has formally submitted its Secretarial Compliance Report for the financial year that concluded on March 31, 2026. This submission is in accordance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Report Details and Findings
The comprehensive report was prepared by M/s Vasisht & Associates, Company Secretaries, and was submitted to the BSE Limited and the National Stock Exchange of India Ltd. The examination covered all relevant documents, filings, and explanations provided by Action Construction Equipment Limited. The report meticulously reviewed compliance with the Securities and Exchange Board of India Act, 1992 (SEBI Act) and the Securities Contracts (Regulation) Act, 1956 (SCRA), along with their associated regulations, circulars, and guidelines.
Key areas reviewed included adherence to Listing Obligations and Disclosure Requirements Regulations, 2015; Substantial Acquisition of Shares and Takeovers Regulations, 2011; Share Based Employee Benefits and Sweat Equity Regulations, 2021; and Prohibition of Insider Trading Regulations, 2015, among others. The company also underwent scrutiny for its website disclosures, director disqualifications, subsidiary details, document preservation, performance evaluation, related party transactions, disclosure of events, and actions taken by SEBI or Stock Exchanges.
Compliance Status
Based on the examination, M/s Vasisht & Associates reported that Action Construction Equipment Limited has complied with the provisions of the applicable regulations and guidelines. The report specifically noted compliance with Secretarial Standards issued by the Institute of Company Secretaries India (ICSI), adoption and timely updation of policies, maintenance of a functional website with timely information dissemination, and adherence to rules regarding the preservation of documents. No additional non-compliances were observed for any SEBI regulation, circular, or guidance note during the review period.
The report, dated May 25, 2026, was signed by CS Shobhit Vasisht, concluding that the listed entity has met its compliance obligations for the specified financial year.
Source: BSE
