KD Green Industries Renamed and Acquires Stake in Green AAC Blocks
ECONOMY & POLICY

KD Green Industries Renamed and Acquires Stake in Green AAC Blocks

KD Green Industries Limited, formerly Manbro Industries Limited, has adopted its new name following the issuance of a revised certificate of incorporation by the Ministry of Corporate Affairs dated 17 April 2026. The change aligns the company with its current business focus and the KD Group to which it belongs. The company is listed on the Bombay Stock Exchange under scrip code 512595.

KD Green Industries Limited has completed a strategic acquisition of 50.04 per cent of the expanded paid-up equity share capital of Green AAC Block and Mortar Private Limited (Green AAC Block and Mortar) to expand its operations in the manufacture of Green AAC blocks. The transaction secures controlling interest in a flagship group entity and is intended to consolidate branded autoclaved aerated concrete operations in North East India. Management anticipates the acquisition will support capacity growth and market reach.

Green AAC Block and Mortar owns brand and intellectual property rights of the Green AAC Block brand through a seventy-five per cent owned subsidiary and holds seventy-five per cent equity in B.R. Metallicks Private Limited, which manufactures AAC blocks under that brand. The manufacturing facility has annual capacity of 0.12 mn CM per annum and capacity utilisation is 85 to 90 per cent. The company will leverage an established dealer and channel partner network to broaden distribution across the region.

Autoclaved aerated concrete blocks are lightweight precast foam concrete noted for energy efficiency, insulation, soundproofing and lower transportation cost and are produced through a process that reduces carbon footprint. The Green AAC approach sources sand via eco friendly dredging of the Brahmaputra River and is presented as supporting responsible raw material sourcing while helping maintain river flow and depth and reducing flood risk in nearby areas. The name change and acquisition form part of a strategy by KD Group to expand sustainable building materials, recycling and steel fabrication activities.

KD Green Industries Limited, formerly Manbro Industries Limited, has adopted its new name following the issuance of a revised certificate of incorporation by the Ministry of Corporate Affairs dated 17 April 2026. The change aligns the company with its current business focus and the KD Group to which it belongs. The company is listed on the Bombay Stock Exchange under scrip code 512595. KD Green Industries Limited has completed a strategic acquisition of 50.04 per cent of the expanded paid-up equity share capital of Green AAC Block and Mortar Private Limited (Green AAC Block and Mortar) to expand its operations in the manufacture of Green AAC blocks. The transaction secures controlling interest in a flagship group entity and is intended to consolidate branded autoclaved aerated concrete operations in North East India. Management anticipates the acquisition will support capacity growth and market reach. Green AAC Block and Mortar owns brand and intellectual property rights of the Green AAC Block brand through a seventy-five per cent owned subsidiary and holds seventy-five per cent equity in B.R. Metallicks Private Limited, which manufactures AAC blocks under that brand. The manufacturing facility has annual capacity of 0.12 mn CM per annum and capacity utilisation is 85 to 90 per cent. The company will leverage an established dealer and channel partner network to broaden distribution across the region. Autoclaved aerated concrete blocks are lightweight precast foam concrete noted for energy efficiency, insulation, soundproofing and lower transportation cost and are produced through a process that reduces carbon footprint. The Green AAC approach sources sand via eco friendly dredging of the Brahmaputra River and is presented as supporting responsible raw material sourcing while helping maintain river flow and depth and reducing flood risk in nearby areas. The name change and acquisition form part of a strategy by KD Group to expand sustainable building materials, recycling and steel fabrication activities.

Next Story
Real Estate

Sri Lotus FY26 pre-sales jump 137% to ₹1,157 crore

Sri Lotus Developers & Realty Limited, a Mumbai-based developer focused on luxury and ultra-luxury residential and commercial projects, has reported a strong FY26 performance supported by robust pre-sales growth, disciplined execution and a steady redevelopment pipeline.The company announced its audited financial results for the quarter and year ended March 31, 2026, highlighting its continued net debt-free status and industry-leading realisations of ₹69,000 per sq. ft.For FY26, Sri Lotus reported total revenue of ₹769 crore, EBITDA of ₹281 crore, and profit after tax of ₹243 crore..

Next Story
Infrastructure Urban

Sunkonnect targets 9.6 lakh tonnes CO₂ cut in event sector

Sunkonnect has announced a plan to reduce the carbon footprint of India’s rapidly expanding event and exhibition industry by 5% over the next five years, backed by a newly launched suite of net-zero solutions.India’s event and exhibition industry was valued at around USD 14.3 billion (₹1.2 lakh crore) in 2024 and is growing at a CAGR of 7.6%. However, the sector’s environmental impact remains significant, with a single participant at a major event generating up to 2 tonnes of CO₂ emissions, largely driven by travel, which can account for as much as 90% of total emissions.Sunkonnect s..

Next Story
Infrastructure Energy

TBS Group’s Akanetsu commissions Tokyo green hydrogen facility

Akasaka Heating & Cooling Supply Co., Ltd. (Akanetsu), a TBS Group company, has held a commissioning ceremony for its Hydrogen Heat Source Facility, marking the start of full-scale operations from May 2026.The company supplies heating, cooling and electricity to multiple buildings in the Akasaka 5-chome district of Minato-ku, Tokyo. As part of its heat source facility renewal, Akanetsu introduced hydrogen utilisation equipment with safety-focused design, positioning green hydrogen as a next-generation energy option.The facility is being described as the first commercial initiative of its k..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement