Man Infraconstruction acquires shares of Man Realtors & Holdings
Man Infraconstruction Ltd is acquiring the remaining 36.07% stake in Man Realtors and Holdings Private Limited (MRHPL) for ₹215 per share, making it a wholly-owned subsidiary. This ₹149.84 crore cash deal, expected within 30 days, consolidates MRHPL's real estate business in Maharashtra under Man Infraconstruction's strategic objectives. The company has order book of ₹503 crore as of March 2025.