Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Man Industries (India) has informed that the Board of Directors of the Company at their Meeting held today i.e. Thursday, May 21, 2026, considered and took note of the completion of the transaction in relation to acquisition of 100% equity stake in National Pipe Company Limited (NPC), Kingdom of Saudi Arabia, at a total cost of approx. USD 102 Million (INR 1,000 Crores), by Man International Steel Industries Company (MISIC), a wholly owned subsidiary of the Company incorporated in the Kingdom of Saudi Arabia.
The above information is a part of company’s filings submitted to BSE.
