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Man Infraconstruction acquires 36% stake in Manaj Tollway

13 Oct 2022 Evaluate

Man Infraconstruction has acquired 18,00,000 Equity Shares (representing 36% of the paid up equity share capital), of Manaj Tollway (MTPL) and accordingly, MTPL has become wholly owned subsidiary of the Company with effect from October 12, 2022. The main business of MTPL is to undertake Infra and Real Estate activities.

Man Infraconstruction is an India-based company engaged in the business of civil construction. The company’s operations consist of construction / project activities/real estate activities.

Peers
Company Name CMP
Larsen & Toubro 3836.40
Kalpataru Projects 1361.15
NCC 118.20
Rail Vikas Nigam 186.10
KEC International 343.80
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