ACE Board approves slump sale of Heavy Cranes Business to ACE KATO JV for share consideration.
Heavy Cranes contributed ₹85.77 crore (2.58%) to standalone revenue in FY 2024-25.
Transaction expected to complete by June 30, 2026, restructuring JV to 50:50 ownership.
Disclosure made pursuant to SEBI LODR Regulation 30 and Master Circular requirements.