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Gems- Jewellery And Watches
Acquisitions30 Mar 2026, 06:54 pm

Manbro Industries Acquires 50.04% Stake in Green AAC for ₹3,74,99,904

AI Summary

Manbro Industries Ltd. has acquired a 50.04% stake in Green AAC Block and Mortar Private Limited (Formerly known as Gotripily Travel Services Private Limited) for a total consideration of ₹3,74,99,904 in cash. This acquisition was through an infusion of funds for subscription and allotment of the equity shares, resulting in Green AAC becoming a subsidiary of Manbro Industries. The detailed disclosure was made on September 03, 2025, in accordance with Regulation 30, Schedule III of the SEBI Listing Regulations, and SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Key Highlights

  • Manbro Industries acquires 50.04% stake in Green AAC for ₹3,74,99,904
  • Acquisition through infusion of funds for subscription and allotment of equity shares
  • Green AAC becomes a subsidiary of Manbro Industries
  • Detailed disclosure made on September 03, 2025, in accordance with SEBI regulations and circulars
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