Manbro Industries Ltd — Updates, 10-07-2025: Company Update
10-07-2025 | 05:29 pm
10-07-2025 | 05:29 pm
Manbro Industries Limited has announced a board meeting to approve the acquisition of 99.90% equity shares of K D Infrastructures Private Limited for ₹9.90 Cr in cash through equity subscription. K D Infrastructures, incorporated in 2024, specializes in turnkey fabrication and infrastructure solutions including galvanized structural products, power infrastructure components, solar structures, lighting poles, and industrial fabricated items. This acquisition will make K D Infrastructures a subsidiary, supporting Manbro’s expansion into fabricated steel products and infrastructure sectors, with funds aimed at loan repayment and general corporate purposes.
No comments yet. Be the first to comment!
