Monolithisch Completes Acquisition of Mineral India Global
ECONOMY & POLICY

Monolithisch Completes Acquisition of Mineral India Global

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code