Manbro Industries Limited has successfully completed its acquisition of a majority stake in K D Infrastructures Private Limited, marking a significant expansion in its business portfolio. The company informed BSE Limited about the completion of this strategic transaction on March 30, 2026.

Acquisition Details

The acquisition involved Manbro Industries acquiring 99.84% of the expanded paid-up equity share capital of K D Infrastructures Private Limited. The transaction was structured as an equity infusion rather than a traditional share purchase.

Regulatory Compliance

The acquisition was disclosed under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Manbro Industries had initially communicated about this acquisition on July 10, 2025, and the detailed disclosure requirements under Schedule III of the SEBI Listing Regulations were fulfilled at that time.

The company referenced SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its compliance framework for this acquisition.

Strategic Impact

As a result of this acquisition, K D Infrastructures Private Limited has become a subsidiary of Manbro Industries Limited. This development strengthens Manbro Industries' position in the infrastructure sector and expands its operational capabilities through the newly acquired subsidiary.

The acquisition represents a substantial investment by Manbro Industries, demonstrating the company's commitment to growth through strategic acquisitions and business expansion initiatives.

Manbro Industries Limited has submitted comprehensive voting results and scrutinizer's report to BSE Limited following its Extra-Ordinary General Meeting held on 9th March, 2026. The company successfully obtained overwhelming shareholder approval for three major corporate actions, including name change to KD Green Industries Limited and stock subdivision.

Shareholder Voting Results and Regulatory Compliance

The company submitted voting results under Regulation 44(3) of SEBI Listing Regulations on 11th March, 2026, demonstrating full regulatory compliance. Managing Director Dilip Kumar Goenka formally communicated the results to BSE Limited, confirming that all proposed resolutions passed with requisite majority.

Resolution-wise Voting Outcomes

All three resolutions received overwhelming support from shareholders, with detailed voting conducted through remote e-voting and video conferencing facilities provided by National Securities Depository Limited.

Resolution 1: Name Change to KD Green Industries Limited

The special resolution for name change received exceptional shareholder support:

Resolution 2: Stock Split Implementation

The ordinary resolution for stock subdivision also achieved strong approval:

Resolution 3: Memorandum Alteration

The third ordinary resolution for capital clause alteration received identical approval rates of 99.998%, ensuring complete legal compliance for the corporate restructuring.

E-Voting Process and Timeline

The remote e-voting process was conducted from 6th February, 2026 at 09:00 AM to 8th February, 2026 at 05:00 PM. The votes were unblocked on 10th March, 2026 at 1:00 PM in the presence of independent witnesses Mr. Rohit Sharma and Mr. Vinay Solanki.

Strategic Corporate Transformation

The approved name change to "KD Green Industries Limited" aligns with the company's group naming convention while reflecting its focus on environmentally sustainable sectors. The 1:10 stock split will enhance share liquidity and accessibility for retail investors.

The voting results and scrutinizer's report are available on the company website at www.unimodeoverseas.in and NSDL's e-voting platform at www.evoting.nsdl.com , ensuring complete transparency in the corporate governance process.