Mumbai, April 11 -- MSK Projects (I) has an authorized share capital of Rs 20,00,000, divided into 2,00,000 equity shares of Rs 10 each, and a paid-up capital of Rs 2,00,000, divided into 20,000 equity shares of Rs 10 each. As of 31 March 2025, MSK Projects (I) has not reported any turnover or profit.

The company has acquired the entire 20,000 equity shares of MSK Projects (I) at Rs 10 each, thereby gaining full control over the entity. As a result of this acquisition, MSK Projects (I) has now become a wholly owned subsidiary of Madhav Infra Projects. On 9 April 2025, the company made a payment for the acquisition of the 100% shareholding in MSK Projects (I).

The company stated that the acquisition was made based on the letter of accept...