Beta Group Acquires 10% Stake in Anta Builders

26 Jul 2025 CW Team

Beta Group, a diversified transnational conglomerate engaged in commodity trading and food products, has announced its foray into India’s real estate and infrastructure sector through a strategic investment in Kerala-based Anta Builders.

As part of the agreement, Beta Group will acquire a 10 per cent equity stake in Anta Builders, based on a company valuation of Rs 5.50 billion. The move marks a significant step for both organisations toward enhancing their presence in India’s rapidly evolving urban development landscape.

The MoU and shareholding agreement were formalised in Thiruvananthapuram by Rajnarayan Pillai, Director of Beta Group, and Midhun Kuruvila Kurien, Managing Director of Anta Builders.

As part of the deal, Beta Group will also join Anta Builders’ Board of Directors, reinforcing its long-term commitment to supporting the firm’s growth and strategic initiatives.

“This partnership reflects our strategic intent to participate meaningfully in India’s urban transformation journey,” said a spokesperson from Beta Group.

The collaboration aims to jointly raise Rs 5 billion for infrastructure and real estate projects across high-growth cities such as Bengaluru, Hyderabad, Pune, Mumbai, and Gurugram.

Key focus areas include the deployment of advanced construction technologies, promotion of sustainable building practices, development of smart city and green infrastructure projects, and investments in both residential and commercial real estate ventures.

News source: The Hindu Businessline

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..