Man Infraconstruction Acquires 16% More Stake in MICL Properties LLP

Man Infraconstruction Ltd (MICL) has acquired an additional 16% partnership interest in its associate company, MICL Properties LLP, increasing its total stake to 50%. The acquisition was completed on August 17, 2026, with a cash consideration of ₹16,000/-. MICL Properties LLP is engaged in the real estate business. The transaction does not fall within the purview of related party transactions, and the promoter group has no interest in the entity, except for the Managing Director representing the company as a Designated Partner. The LLP's turnover for FY 2025-26 was Nil.