Indo Farm Equipment Expands into Tower Crane Manufacturing with New Technology Agreement Apr 22, 2025
More news about Indo Farm Equipment
21Apr 25
Indo Farm Equipment Expands into Tower Crane Manufacturing with New Technology Agreement
Indo Farm Equipment has signed a strategic agreement with Beida Commercial and Trade Company to acquire technology for manufacturing tower cranes. This move marks Indo Farm's entry into the construction equipment sector, diversifying beyond its traditional agricultural machinery focus. The agreement aims to expand the company's product portfolio, potentially opening new revenue streams and market opportunities in India's growing infrastructure and real estate sectors.
12Mar 25
Indo Farm Equipment to Invest ₹45 Crore in Wholly-Owned Subsidiary Barota Finance Limited
Indo Farm Equipment Limited will acquire 18 million equity shares of its wholly-owned subsidiary, Barota Finance Limited (BFL), at ₹25 per share, totaling ₹45 crore. The investment aims to strengthen BFL's NBFC business, which focuses on tractor financing. The transaction, approved on March 12, 2025, is expected to complete within 30 days and maintains Indo Farm's 100% ownership of BFL.