
Acquisitions30 Mar 2026, 06:57 pm
Manbro Industries Acquires 99.84% Stake in K D Infrastructures for ₹6,25,00,000
AI Summary
Manbro Industries Ltd has acquired 99.84% of the expanded paid-up equity share capital of K D Infrastructures Private Limited for a total consideration of ₹6,25,00,000 in cash. This acquisition was done by infusion of funds for subscription and allotment of the equity shares, resulting in K D Infrastructures Private Limited becoming a subsidiary of Manbro Industries Ltd. The detailed disclosure for this acquisition was made on July 10, 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 99.84% stake in K D Infrastructures
- Total consideration of ₹6,25,00,000 in cash
- Acquisition through infusion of funds for subscription and allotment of equity shares
- K D Infrastructures becomes a subsidiary of Manbro Industries
- Detailed disclosure made on July 10, 2025