Indef Manufacturing Limited — Updates, 09-09-2025: General Updates

INDEF Manufacturing completed acquiring 80% of Daedalus Lift & Access Equipments for Rs. 5.08 Cr cash. This strategic move strengthens INDEF's presence in material handling and access equipment, expanding its product portfolio. Daedalus reported FY25 turnover of Rs. 6.71 Cr and a loss of Rs. 1.90 Cr.