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Investment12 Aug 2026, 05:53 pm

Manbro Industries Approves ₹15 Cr Investment in Subsidiary

AI Summary

Manbro Industries Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the Board approved a further investment of up to ₹15 crore in its subsidiary, K D Infrastructures Private Limited, through a subscription to its further issue of capital. This investment is intended to fund the subsidiary's business expansion, capital expenditure, operational needs, loan repayment, and general corporate purposes. The company also confirmed that K D Infrastructures Private Limited is a related party, with Manbro Industries holding 99.84% of its paid-up share capital.

Key Highlights

  • Board approved Q1 FY27 unaudited financial results.
  • Approved investment of up to ₹15 crore in subsidiary KDIPL.
  • Investment aims to fund subsidiary's expansion and operations.
  • KDIPL is a related party and a subsidiary of Manbro Industries.
  • Company name changed to KD Green Industries Limited.