Mason Infratech Limited — Important, 24-03-2025: General Updates

Mason Infratech Limited has announced a board meeting to discuss the acquisition of 30% equity shares in Milestone Projects and Developers Private Limited for a cash consideration of ₹30 crore. This acquisition falls within a related party transaction, with promoters having an interest, but is conducted on an arm’s length basis. Milestone, incorporated in FY25, operates in the construction sector and is involved in various building projects in India. This strategic move may enhance Mason's operational capabilities and increase its market presence, potentially generating positive sentiment among investors.