Steel Up and Scale On—Manbro Powers Shivam Pipes with Fresh Capital Charge

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In a strategic move to diversify its industrial footprint, Manbro Industries Ltd has approved a ₹250 million investment in Shivam Pipe Industries, signaling its entry into the steel and pipe manufacturing sector. The decision was formalized during the company’s recent board meeting and aligns with Manbro’s broader push into green building materials, infrastructure, and industrial products.

Investment Highlights

The ₹250 million infusion will support capacity expansion, technology upgrades, and market outreach for Shivam Pipe Industries.
Manbro aims to leverage Shivam’s expertise in ERW pipes, structural tubes, and water infrastructure components to complement its evolving product mix.
This investment is part of Manbro’s ongoing transformation from a food and beverage distributor to a multi-sector industrial player.

Strategic Context

Manbro Industries recently announced plans to enter green building materials, vehicle scrappage, and steel products, with a focus on sustainability and infrastructure.
The company held an Extraordinary General Meeting (EGM) on June 30, 2025, where shareholders approved key resolutions to support its diversification strategy.
The investment in Shivam Pipe Industries is expected to boost revenue streams, enhance manufacturing capabilities, and open new export opportunities.

Management Insight

“This partnership marks a new chapter for Manbro Industries. We’re investing in sectors that align with India’s infrastructure growth and sustainability goals,” said a company spokesperson.

Sources: Economic Times, Moneycontrol, Business Standard, Manbro Industries