Raghuleela Estates Private Limited acquired a 65.99% stake in MICL Properties LLP from Man Infraconstruction Limited for INR 0.07 million.

Man Infraconstruction Limited is an India-based integrated engineering, procurement and construction (EPC) company. The Company is engaged in the business of civil construction, project activities and real estate development, including construction of roads on a design-build-finance-operate-transfer (DBFOT) basis. Its segments include EPC and Real Estate. The Company has capabilities across diverse infrastructure domains, such as port infrastructure, residential construction, commercial and institutional construction, industrial construction, and road construction. Its port infrastructure services include onshore container terminals and freight stations, land reclamation, soil consolidation, operational services, such as firefighting, sewerage, drainage systems. Its residential construction services include high rise building, townships and luxury villas. Its commercial and institutional construction services include office complexes, hotels, shopping malls, schools and hospitals.