Ace Men Engg Works Ltd. Press Release Nov 19 2025

Ace Men Engg Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/11/2025 ,inter alia, to consider and approve (i) To take on records the In-principle approval received from BSE Limited for issue and allotment of 98,16,000 Equity Shares on preferential basis.(ii) To issue and allot 98,16,000 Equity Shares of face value Rs. 10/- at a price of Rs. 64/- (Rupees Sixty-Four Only) per share (including premium of Rs. 54/- per share) on Preferential Basis for consideration other than cash (share swap) to the members of M/s. Manibhadra Industries Private Limited to discharge the purchase consideration of Share acquisition.(iii) any other business with the permission of the chair.