Ganesh Infraworld Limited — JV/Acquisition, 11-04-2026: Acquisition

Ganesh Infraworld is expanding its footprint by increasing its stake in Kandoi Transport Limited, a key player in Transport & Mining Development (MDO). Through an investment of Rs. 2.21 Cr, Ganesh Infraworld will raise its holding from 39.78% to a controlling 60%, making Kandoi a direct subsidiary. This strategic move aims to foster business growth and unlock significant operational synergies. Kandoi Transport is a substantial entity, reporting a turnover of Rs. 371.64 Cr and a PAT of Rs. 18.14 Cr for the nine months ending December 2025. This move promises enhanced capabilities and financial consolidation for Ganesh Infraworld.