Manbro Announces Acquisitions to Boost Steel, Recycling, Infra Units
ECONOMY & POLICY

Manbro Announces Acquisitions to Boost Steel, Recycling, Infra Units

Manbro Industries announced the approval of three strategic acquisitions to expand its business operations in field of value added steel products, old vehicle scrappage (metal & non-metal recycling), and fabricated steel infrastructure solutions.

The Board of Directors approved the following transactions:

A) Acquisition of 51 per cent stake in Shivam Pipe Industries
Manbro will acquire a controlling 51 per cent stake in Shivam Pipe Industries. Shivam Pipe Industries is a leading manufacturer of MS Pipes, Galvanized Pipes, Steel Tubes, and Electric Steel Poles marketed under the “XTECH PIPES” brand. The facility, located in Kamrup, Assam, has a production capacity of 3,000 MT per month.

This acquisition will help Manbro to foray into high margin value added steel products.

B) Acquisition of 26 per cent stake in K D Ecosystem
Company will acquire a 26 per cent stake in KD Ecosystem, the first registered vehicle scrappage facility in Eastern India, located at Rangiya, Assam. Operational since May 2023, the facility has an installed capacity to dismantle up to 42,500 end-of-life vehicles annually, including:
  • Two-wheelers and three-wheelers
  • Small and medium cars
  • Heavy vehicles such as buses, trucks, cranes, and dumpers
This facility is equipped with advanced balers, cranes, forklifts, weigh bridges, and hazardous waste management systems.

This acquisition will enable Manbro to enter into recycling of metal and non-metal business with environmentally responsible scrappage and recycling of condemned vehicles.

C) Acquisition of 99.90 per cent equity in K D Infrastructures
Manbro will acquire a 99.90% equity stake in K D Infrastructures K D Infrastructures offers turnkey fabrication and infrastructure solutions across construction, energy, utilities, transportation, and urban development sectors. Its product portfolio includes:

  • Galvanized structural products (pipes, gratings, crash barriers, cable trays)
  • Power infrastructure components (transmission towers, monopoles, fittings)
  • Solar structures (rooftop frames, ground mounts, trackers)
  • Lighting & urban poles (high masts, smart poles, street lighting columns)
  • Fabricated industrial items (frames, brackets, bolts, machine-ready units)
  • Electro-optical components (gratings, filters, photonic components)
The company is equipped with CNC laser cutting, hydraulic bending units, 3D CAD/CAM design, hot-dip galvanizing plants, and powder coating facilities, enabling production of value-engineered, export-ready products.
This acquisition will strengthen Manbro’s engineered infrastructure components business.

Commenting of above acquisitions, Dilip Goenka, Managing Director of Manbro Industries, said -
“These strategic acquisitions mark a significant milestone in our journey to build an integrated, future-ready product portfolio, addressing India’s infrastructure and, recycling needs. We remain committed to driving sustainable growth with technical excellence, innovative products, and environmental stewardship. These strategic acquisitions will be profit generating for the Company, and will help in creating long term value for the stake holders.”

Manbro Industries announced the approval of three strategic acquisitions to expand its business operations in field of value added steel products, old vehicle scrappage (metal & non-metal recycling), and fabricated steel infrastructure solutions.The Board of Directors approved the following transactions:A) Acquisition of 51 per cent stake in Shivam Pipe IndustriesManbro will acquire a controlling 51 per cent stake in Shivam Pipe Industries. Shivam Pipe Industries is a leading manufacturer of MS Pipes, Galvanized Pipes, Steel Tubes, and Electric Steel Poles marketed under the “XTECH PIPES” brand. The facility, located in Kamrup, Assam, has a production capacity of 3,000 MT per month.This acquisition will help Manbro to foray into high margin value added steel products.B) Acquisition of 26 per cent stake in K D EcosystemCompany will acquire a 26 per cent stake in KD Ecosystem, the first registered vehicle scrappage facility in Eastern India, located at Rangiya, Assam. Operational since May 2023, the facility has an installed capacity to dismantle up to 42,500 end-of-life vehicles annually, including:Two-wheelers and three-wheelersSmall and medium carsHeavy vehicles such as buses, trucks, cranes, and dumpersThis facility is equipped with advanced balers, cranes, forklifts, weigh bridges, and hazardous waste management systems.This acquisition will enable Manbro to enter into recycling of metal and non-metal business with environmentally responsible scrappage and recycling of condemned vehicles.C) Acquisition of 99.90 per cent equity in K D InfrastructuresManbro will acquire a 99.90% equity stake in K D Infrastructures K D Infrastructures offers turnkey fabrication and infrastructure solutions across construction, energy, utilities, transportation, and urban development sectors. Its product portfolio includes:Galvanized structural products (pipes, gratings, crash barriers, cable trays)Power infrastructure components (transmission towers, monopoles, fittings)Solar structures (rooftop frames, ground mounts, trackers)Lighting & urban poles (high masts, smart poles, street lighting columns)Fabricated industrial items (frames, brackets, bolts, machine-ready units)Electro-optical components (gratings, filters, photonic components)The company is equipped with CNC laser cutting, hydraulic bending units, 3D CAD/CAM design, hot-dip galvanizing plants, and powder coating facilities, enabling production of value-engineered, export-ready products.This acquisition will strengthen Manbro’s engineered infrastructure components business.Commenting of above acquisitions, Dilip Goenka, Managing Director of Manbro Industries, said -“These strategic acquisitions mark a significant milestone in our journey to build an integrated, future-ready product portfolio, addressing India’s infrastructure and, recycling needs. We remain committed to driving sustainable growth with technical excellence, innovative products, and environmental stewardship. These strategic acquisitions will be profit generating for the Company, and will help in creating long term value for the stake holders.”

Next Story
Infrastructure Urban

Paras Defence Subsidiary Wins Rs 460 Mn Anti-Drone Order

Paras Defence and Space Technologies (PDST) saw its shares rise 1.5 per cent to Rs 701 after its subsidiary, Paras Anti-Drone Technologies, secured a defence contract from the Ministry of Defence, Government of India, valued at approximately Rs 460.19 million.The order covers the supply of Anti-Drone Systems, including Drone Jammers, marking a significant milestone for Paras Anti-Drone in India’s growing counter-UAV segment. The contract is scheduled for execution by March 2026. According to official filings, the award is from a domestic entity, not a related party transaction, and no promot..

Next Story
Building Material

Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabr..

Next Story
Infrastructure Energy

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..

Latest Updates

Products

Smart Hot Water

Products

Smart Heritage Lock

Products

Ultra-Efficient Motors

Products

Smart Solutions

Products

Next-Gen Seal

Products

Smart Kitchen Chimney

Products

Premium Coverage

Products

Noise Blocker

ECONOMY & POLICY

India’s Rs 370 Bn Petrochemical Expansion to Shift Asian..

Real Estate

Maharashtra Sets Up Authority to Boost Self-Redevelopment

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?