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Semac Construction LimitedBoard Meeting, 26-06-2025: Outcome of Board Meeting

26-06-2025 | 01:52 pm

Semac Construction Ltd. has announced a board meeting approving the acquisition of the remaining 50% stake in Semac Construction Technologies India Pvt Ltd for Rs. 50,000 in cash. This move makes Semac Technologies a wholly-owned subsidiary, strengthening the group’s design and project management consultancy capabilities. The target company’s revenue stood at Rs. 69.68 lakhs in FY25, up from Rs. 2.81 lakhs the previous year. The acquisition aligns with Semac’s consolidation strategy, aiming to enhance control and operational integration within its core business verticals.

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