Kilburn Engineering to Acquire Monga Strayfield for Rs.123 Crore

26 Aug 2024 CW Team

Kilburn Engineering has announced its decision to acquire Monga Strayfield for ?123 crore, marking a significant move in its growth strategy. This acquisition is set to enhance Kilburn Engineering?s capabilities and broaden its market reach within the engineering sector.

The deal involves the purchase of Monga Strayfield, a company known for its expertise in the field. By integrating Monga Strayfield?s operations into its own, Kilburn Engineering aims to strengthen its position in the market and diversify its service offerings. The acquisition is expected to bring substantial benefits, including increased operational efficiency and access to new technologies and markets.

Kilburn Engineering?s strategic investment in Monga Strayfield reflects its commitment to expanding its business and enhancing its competitive edge. This acquisition aligns with the company's broader goals of growth and market consolidation, providing it with additional resources and capabilities to better serve its clients and tap into new opportunities.

The acquisition process is anticipated to be completed soon, with both companies working closely to ensure a smooth transition. This move is expected to not only bolster Kilburn Engineering?s portfolio but also contribute to its overall business development and financial performance.

In summary, Kilburn Engineering?s acquisition of Monga Strayfield for ?123 crore is a pivotal step in its strategic growth plan. The integration of Monga Strayfield?s operations will enhance Kilburn Engineering?s market presence and operational efficiency, positioning it for continued success in the engineering sector.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..