Pursuant to Regulation 30 of SRBI (LODR) Regulations, 2015 Press Release being issued by the Company for dissemination to the investors and public.
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Manbro Industries announced three acquisitions approved by its Board on July 10, 2025. First, it will acquire a 51% controlling stake in Shivam Pipe Industries (Xtech Pipes brand), which makes MS pipes, galvanized pipes, steel tubes and electric steel poles with a capacity of 3,000 MT per month in Kamrup, Assam. Second, it will pick up a 26% stake in KD Ecosystem, the first registered vehicle scrappage facility in Eastern India at Rangiya, Assam, which can dismantle up to 42,500 end-of-life vehicles a year. Third, it will acquire 99.90% equity in KD Infrastructures Pvt Ltd, which offers turnkey fabrication, solar structures, transmission towers and other engineered infrastructure products. Managing Director Dilip Goenka said the deals will be profit-generating and create long-term value for stakeholders. Financial details such as deal value, valuation or timelines were not disclosed in the press release.
The acquisitions diversify Manbro into higher-margin steel products, vehicle recycling and infrastructure fabrication, which could support future revenue growth, but absence of deal financials means investors should watch for valuation and integration disclosures. Near-term stock sentiment is likely positive on the growth narrative, though execution risk remains.