Monolithisch India Limited has completed its acquisition of Mineral India Global Private Limited (MIGPL), making the company a wholly owned subsidiary. The move follows shareholder approval received on 8 November 2025, in accordance with the Companies Act 2013 and SEBI Listing Regulations. The Share Purchase and Shareholders’ Agreement signed on 10 November 2025 outlined a five-tranche structure, all of which have now been executed.

With MIGPL’s integration, Monolithisch’s total installed capacity rises to 2,63,600 TPA, strengthening its production base and consolidating the Mineral Group’s ramming mass business under a single entity. MIGPL recorded a turnover of Rs 493.9 million and a PAT of Rs 63 million in the previous financial year, with a strong customer presence across Chhattisgarh and central India.

Harsh Tekriwal, Managing Director of Monolithisch India Limited, said: “This acquisition marks an important step in our growth strategy. MIGPL’s strong market relationships and operational capabilities align perfectly with our vision of building a unified, scalable, and more efficient business. By bringing the entire ramming mass portfolio under one roof, we are not only strengthening our manufacturing footprint but also enhancing our ability to serve customers with greater agility and consistency.”

The acquisition is expected to improve operational efficiency, deepen market reach and unlock supply chain synergies. Monolithisch India Limited continues to prioritise capacity expansion, customer-centric innovation and long-term value creation for stakeholders.