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Man Infraconstruction Limited ( (IN:MANINFRA) ) just unveiled an announcement.
Man Infraconstruction Limited has announced a merger by absorption of its wholly-owned subsidiaries, Manaj Tollway Private Limited and Man Projects Limited, following approval from the National Company Law Tribunal, Mumbai Bench. This strategic move aims to streamline operations and enhance the company’s market positioning by consolidating resources, which could lead to improved efficiency and potentially positive impacts for stakeholders.
More about Man Infraconstruction Limited
Man Infraconstruction Limited operates in the infrastructure and real estate sector, focusing on engineering, procurement, and construction (EPC) services. The company primarily engages in developing residential, commercial, and industrial projects, along with infrastructure projects like roads and highways.
YTD Price Performance: -20.58%
Average Trading Volume: 111,461
Current Market Cap: 74.93B INR
Find detailed analytics on MANINFRA stock on TipRanks’ Stock Analysis page.