Manbro Industries Completes Acquisition of 99.84% Stake in K D Infrastructures Private Limited
Manbro Industries Limited, a BSE listed company with Scrip Code: 512595, has finalized the strategic acquisition of a 99.84% equity stake in K D Infrastructures Private Limited. This move is set to enhance the company's operational scope within fabricated steel infrastructure solutions.K D Infrastructures Private Limited is currently in the process of establishing a specialized steel fabrication facility. This facility will boast an annual capacity of 25,000 MT and is designed to provide comprehensive turnkey fabrication and infrastructure solutions across several key sectors. These sectors include construction, energy, utilities, transportation, and urban development.
The acquisition bolsters Manbro Industries' capability to serve a diverse and high-demand product segment. K D Infrastructures' expanded product portfolio includes several specialized categories:
- Galvanized Structural Products such as gratings, crash barriers, and cable trays.
- Power Infrastructure Components, which encompass transmission towers, monopoles, and fittings.
- Solar Structures, including rooftop frames, ground-mounted systems, and trackers.
- Lighting & Urban Poles, covering high masts, smart poles, and street lighting columns.
- Fabricated Industrial items, such as frames, brackets, bolts, and machine-ready units.
- Electro-Optical Components, including gratings, filters, and photonic components.
Industry observers note that this diversified product mix represents a high margin business, positioning the combined entity as a multi-sector infrastructure solutions provider with significant scalability potential.
Stock Price Movement
At the close of trade on Tuesday, Manbro Industries Ltd settled at ₹89.70, falling 2.86% for the day. The shares fluctuated significantly, carving out a range between ₹87.73 and a high of ₹91.88.Source:
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