![Vijay Agarwal](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Vijay Agarwal
Chief Executive Officer at
ACTION CONSTRUCTION EQUIPMENT LIMITED
Net worth: 370 M $ as of 2026-06-29
Profile
Vijay Agarwal is the founder of Action Construction Equipment Ltd. since 1995, holding the title of Co-Chairman & Co-Managing Director.
Current jobs include Chairman at Forma SA since 2007, Director at Frested Ltd., Director at ACE Steelfab Pvt Ltd. since 2004, Director at ACE TC Rentals (Pvt) Ltd. since 2006, Director at Action Developers Ltd. since 2008, Director at Vms Equipment Pvt Ltd., Director at Rotadrill India Pvt Ltd., Director at Reachall India Pvt Ltd., Director at Asia Resorts Ltd., and Director at Asia Greens Ltd. Education includes an undergraduate degree and an MBA from the University of Delhi.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2025-06-29 | 34,236,078 ( 28.75% ) | 370 M $ | 2026-06-29 |
Vijay Agarwal active positions
| Companies | Position | Start |
|---|---|---|
| ACTION CONSTRUCTION EQUIPMENT LIMITED | Chief Executive Officer | 2009-12-10 |
| SC FORMA SA | Chairman | 2007-03-31 |
ACE Steelfab Pvt Ltd.
 ACE Steelfab Pvt Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures and distributes cranes | Director/Board Member | 2011-08-07 |
ACE TC Rentals (Pvt) Ltd.
 ACE TC Rentals (Pvt) Ltd. Finance/Rental/LeasingFinance Offers rental services | Director/Board Member | 2011-08-07 |
Action Developers Ltd. | Director/Board Member | 2011-08-07 |
Frested Ltd.
 Frested Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures construction equipment | Director/Board Member | 2011-08-07 |
Vms Equipment Pvt Ltd.
 Vms Equipment Pvt Ltd. Finance/Rental/LeasingFinance Provides tower crane rental services | Director/Board Member | - |
Asia Resorts Ltd. | Director/Board Member | - |
Rotadrill India Pvt Ltd. | Director/Board Member | - |
Training of Vijay Agarwal
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
25
1st degree connections
11
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 11 |
|---|---|
University of Delhi
 University of Delhi Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Action Construction Equipment Ltd.
 Action Construction Equipment Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures cranes, construction, material handling and agri equipment | Producer Manufacturing |
Frested Ltd.
Frested Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures construction equipment | Producer Manufacturing |
Forma SA
 Forma SA Trucks/Construction/Farm MachineryProducer Manufacturing Engages in the manufacturing of machinery for mining, quarrying and construction | Producer Manufacturing |
ACE Steelfab Pvt Ltd.
ACE Steelfab Pvt Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures and distributes cranes | Producer Manufacturing |
ACE TC Rentals (Pvt) Ltd.
ACE TC Rentals (Pvt) Ltd. Finance/Rental/LeasingFinance Offers rental services | Finance |
Action Developers Ltd. | |
Vms Equipment Pvt Ltd.
Vms Equipment Pvt Ltd. Finance/Rental/LeasingFinance Provides tower crane rental services | Finance |
Rotadrill India Pvt Ltd. | |
Reachall India Pvt Ltd. | |
Asia Resorts Ltd. |
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