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Shareholding2 Jun 2026, 03:31 pm

Securocrop Securities Increases Stake in KD Green Industries

AI Summary

Securocrop Securities India Pvt Ltd and its Persons Acting in Concert (PACs) have disclosed a substantial acquisition of equity shares in KD Green Industries Limited (formerly Manbro Industries Limited). The acquisition, which occurred through the preferential allotment and conversion of warrants, has increased their total holding to 24.37% of the diluted share capital. This move signifies a significant increase in the acquirer's stake and voting rights within the company.

Key Highlights

  • Securocrop Securities and PACs acquired shares via warrant conversion.
  • Total holding in KD Green Industries now stands at 24.37%.
  • The acquisition was made through preferential allotment.
  • KD Green Industries was formerly known as Manbro Industries Limited.