Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 for Execution of Partnership Deed for acquisition of 26% stake in K D Ecosystem.
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Awaiting price reaction for this filing.
Manbro Industries Ltd has executed a Partnership Deed on July 11, 2025 to acquire a 26% stake in K D Ecosystem, a partnership firm. With this 26% stake, K D Ecosystem becomes an Associate company of Manbro Industries. The company had previously disclosed the details of this transaction on July 10, 2025, as required under SEBI Listing Regulations. Manbro Industries was formerly known as Unimode Overseas Limited.
This is a relatively small stake acquisition (26%) that makes K D Ecosystem an associate company rather than a subsidiary, suggesting limited financial integration. Shareholders should watch for further disclosures on the strategic rationale and financial impact, but this is unlikely to materially move the stock in the short term.