
Acquisitions1 Nov 2025, 03:01 pm
CIAN Agro Industries & Infrastructure Ltd Acquires Vyankatesh Engineers & Contractors Private Limited, Establishing a Wholly Owned Subsidiary
AI Summary
CIAN Agro Industries & Infrastructure Ltd announced that its Board of Directors approved the acquisition of 100% stake in Vyankatesh Engineers & Contractors Private Limited, resulting in a Wholly Owned Subsidiary (WOS) of CIAN. The acquisition aims to expand CIAN's infrastructure business. Vyankatesh Engineers & Contractors Private Limited, incorporated in 2010, is engaged in various infrastructure and industrial projects. The company's paid-up share capital is Rs. 5,00,00,000 as of date, with NIL turnover for the financial year ending 31st March 2025.
Key Highlights
- CIAN Agro Industries & Infrastructure Ltd acquires 100% stake in Vyankatesh Engineers & Contractors Private Limited
- Vyankatesh Engineers & Contractors Private Limited becomes a Wholly Owned Subsidiary of CIAN
- Acquisition aims to expand CIAN's infrastructure business
- Vyankatesh Engineers & Contractors Private Limited incorporated in 2010, with NIL turnover for FY 2024-2025
- Paid-up share capital of Vyankatesh Engineers & Contractors Private Limited is Rs. 5,00,00,000 as of date