Mena Mani Industries Limited has successfully acquired 100% equity shares of JKV Solutions Limited through a share swap deal worth Rs. 8,40,79,656 on March 9, 2026. The acquisition involved issuing 1,05,09,957 new equity shares at Rs. 8 per share to acquire 63,69,671 shares of the software company. JKV Solutions, established in 2002, reported turnover of Rs. 285.30 lacs in FY 2024-25 and becomes a wholly-owned subsidiary, enabling Mena Mani's strategic expansion into software and IT services sector.

Mena Mani Industries Acquires 100% Stake in JKV Solutions for Rs. 8.40 Crores

Mena Mani Industries Completes Acquisition of JKV Solutions

Mena Mani Industries Limited has made a significant move in the business world by announcing the completion of its acquisition of 100% equity shares in JKV Solutions Limited on March 9, 2026.

The strategic acquisition is a significant milestone for the company, and as per the requirements of SEBI listing, it was disclosed under Regulation 30. This acquisition marks a new chapter in the company's journey, paving the way for further growth and expansion.

The acquisition is a strategic move to strengthen the company's position in the market and enhance its capabilities.
Mena Mani Industries aims to leverage the strengths of JKV Solutions to drive innovation and improve its services.
The acquisition is expected to have a positive impact on the company's revenue and profitability in the long run.

With this acquisition, Mena Mani Industries Limited is poised to become a major player in the industry, and investors are keeping a close eye on the company's performance. The strategic move is expected to have a significant impact on the company's future prospects and growth trajectory.

Key Highlights:

Completion of acquisition of 100% equity shares in JKV Solutions Limited on March 9, 2026.
Strategic acquisition under Regulation 30 of SEBI listing requirements.
Expected positive impact on revenue and profitability.