Manbro Industries Ltd — Important, 03-09-2025: Company Update
03-09-2025 | 04:55 pm
03-09-2025 | 04:55 pm
Manbro Industries Limited's Board has approved the acquisition of up to 90% equity in Gotripily Travel Services Private Limited for ₹15 Cr in cash. Gotripily specializes in eco-friendly building materials, particularly Autoclaved Aerated Concrete (AAC) blocks, and holds 75% in BR Metallics, an AAC block manufacturer. This strategic move makes Gotripily a subsidiary, enabling Manbro to infuse funds for business expansion and strengthen its presence in the construction material manufacturing sector, driving growth in green construction products.
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