Man Infraconstruction Ltd (MICL) announced that its wholly owned subsidiary has purchased a 50% membership interest in Admire 1250 LLC, a company incorporated in Delaware, USA, in August 2025.
The deal includes an initial capital contribution of USD 5 million, supporting MICL’s strategy to grow its real estate development business internationally.
Admire 1250 LLC is an associate entity of MICL Global. Its focus will be on real estate development and related activities in the US market.
Man Infraconstruction share price (NSE: MANINFRA) was trading at ₹161.59 on August 28, 2025, down 1.36% or ₹2.23 from the previous close. The stock opened at ₹164.14 and touched an intraday high of ₹164.20 and a low of ₹161.50. With a market capitalisation of ₹6,520 crore, the company has a P/E ratio of 23.54 and a dividend yield of 0.56%. Its 52-week high stands at ₹262.80, while the 52-week low is ₹135.10. The company pays a quarterly dividend of ₹0.23 per share.
Also Read: Pidilite Share Price Rises as Board Approves 1:1 Bonus Issue, ₹10 Special Dividend!
Man Infraconstruction’s strategic investment in Admire 1250 LLC highlights its push into global real estate development. Investors may keep a close watch on the stock on Thursday, August 28, 2025, as the company builds on its expansion strategy despite recent market volatility.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 28, 2025, 9:31 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates