Man Infraconstruction Limited — JV/Acquisition, 11-02-2025: Amalgamation/Merger

Man Infraconstruction Limited has executed a scheme of arrangement and merger by absorption of its wholly-owned subsidiaries, Manaj Tollway Private Limited and Man Projects Limited. The effective date is set as February 11, 2025, with an appointed date of April 1, 2024. This merger consolidates operations and enhances management focus without issuing new equity shares, leaving the company's capital structure intact. Following the merger, authorized share capital increases from ₹90 crore to ₹198.5 crore, strengthening the company’s financial position and facilitating future growth initiatives.