DRS Dilip Roadlines Limited — JV/Acquisition, 14-02-2026: Acquisition

DRS Dilip Roadlines is making a strategic investment of up to Rs. 10 Cr into MDN Edify Education Private Limited. The company will subscribe to Compulsorily Convertible Preference Shares, providing cash to fund MDN Edify's ongoing expansion and working capital requirements. MDN Edify, which runs educational institutions and reported a FY25 turnover of 6.38 Cr, aligns with a diversification strategy for DRS. This move positions DRS to support growth in the education sector, leveraging existing promoter connections within the group.