Investment4 Dec 2025, 01:06 pm
DMR Engineering Acquires 45% Stake in DM Gates and Penstocks for Rs. 18,00,000
AI Summary
DMR Engineering Ltd has acquired 45% stake in DM Gates and Penstocks Private Limited through a private placement for a total consideration of Rs. 18,00,000. DM Gates and Penstocks, a newly incorporated company since September 25, 2024, is engaged in the business of Engineering Services in the field of Design, Project Management of Engineering Gates, Valves, Penstocks, all Hydromechanical System and Other Mechanical Equipment. This strategic investment will allow DMR Engineering to venture into new avenues for growth.
Key Highlights
- DMR Engineering has acquired 45% stake in DM Gates and Penstocks for Rs. 18,00,000.
- DM Gates and Penstocks is a newly incorporated company focused on Engineering Services in the field of Design, Project Management of Engineering Gates, Valves, Penstocks, all Hydromechanical System and Other Mechanical Equipment.
- This investment will enable DMR Engineering to explore new opportunities for growth.