Kilburn Engineering to Acquire 100% Paid-Up Capital of Monga Strayfield Private Limited for INR 72.90 Cr

Kilburn Engineering Ltd. has approved the acquisition of 100% paid-up capital of Monga Strayfield Private Limited at a meeting held on 21st August, 2024. Monga Strayfield Private Limited is an Engineering Company and a leading player in the business of manufacturing radio frequency dryers and heating solutions with a total revenue of INR 72.90 Cr for the financial year 2023-24. The acquisition is expected to enhance Kilburn Engineering's manufacturing capabilities and expand its dryers portfolio, contributing to its next phase of growth.