Man Infraconstruction Limited (MANINFRA) — Announcement

· NSE Neutral
📢 Key Event
MICL secures IOA for Tardeo 2.0 project
🔄 What Changed
Secured IOA for new ₹2,000+ crore project
🔮 What's Next
Launch planned in FY27
💡 Investor Takeaway
This milestone validates MICL's growth in premium South Mumbai real estate with a large, future revenue-generating project.

Man Infraconstruction Limited announced it has secured an Intimation of Approval (IOA) for its Tardeo 2.0 project in South Mumbai, a luxury development with over ₹2,000 crores gross development value (GDV), planned for launch in FY27 through a 50.5% owned joint venture. The project strengthens the company's presence in a premium micro-market and adds to a broader pipeline of over ₹8,000 crores GDV across key South Mumbai developments.

📄 View Original Announcement (PDF)

About Man Infraconstruction Limited (MANINFRA)

Realty · Realty · Listed on NSE

Market Cap: ₹4,746.31 Cr P/E: 16.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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