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Civil Construction
Acquisitions1 Sept 2025, 05:17 pm

Man Infraconstruction Acquires 98% Partnership Interest in Subsidiary Starcrete LLP

AI Summary

Man Infraconstruction Ltd has acquired additional partnership interest in its subsidiary, Starcrete LLP, on September 01, 2025, and now holds 98% partnership interest in the LLP. The acquisition was made for a consideration of Rs. 23,75,000, representing 23% additional partnership interest in Starcrete LLP. Starcrete LLP, incorporated on April 18, 2018, was previously involved in producing, manufacturing, processing, trading, and dealing in all kinds of building material products. However, as agreed between partners, the main business activity of LLP is changed to EPC, real estate, and other related activities.

Key Highlights

  • Man Infraconstruction Ltd acquires 98% partnership interest in Starcrete LLP
  • Acquisition consideration is Rs. 23,75,000
  • Starcrete LLP's main business activity changed to EPC and real estate
  • Starcrete LLP incorporated on April 18, 2018
  • Starcrete LLP's previous business involved producing, manufacturing, processing, trading, and dealing in building material products
MANINFRA
Civil Construction
MAN INFRACONSTRUCTION LTD.

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