Deals8 Jul 2026, 04:20 pm
Man Infraconstruction Invests ₹1.3 Cr in New Port Terminal Entity
AI Summary
Man Infraconstruction Ltd has subscribed to 13,00,000 equity shares, representing 26% of the paid-up capital, in the newly incorporated 'Yogayatan Paradip SQB Terminal Private Limited'. The investment amounts to ₹1,30,00,000. The new entity's primary objective is to develop and operate a multipurpose berth terminal at Paradip Port, Odisha, on a Build-Operate-Transfer (BOT) basis. This strategic move aligns with Man Infraconstruction's business interests in port infrastructure and project development.
Key Highlights
- Man Infraconstruction invests ₹1.3 Cr in a new port terminal SPV.
- Acquires 26% stake in Yogayatan Paradip SQB Terminal Private Limited.
- New entity to develop and operate a multipurpose berth terminal at Paradip Port.
- Investment is for designing, engineering, and operating port infrastructure.
- Transaction falls under 'Deals' as it involves acquiring stake in a new entity.
Price Impact
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