KD Green Industries Limited has approved, in principle, a merger with group company KD Iron & Steel Private Limited as part of its strategy to expand its presence in green manufacturing and sustainable infrastructure businesses. The proposal was approved by the company’s board and remains subject to due diligence, regulatory clearances, statutory approvals, and finalisation of merger terms.
The proposed transaction will bring together the operations of both companies under a single entity, creating an integrated manufacturing platform focused on value-added steel products, sustainable construction materials, and infrastructure solutions. The merger is expected to improve operational efficiencies, strengthen manufacturing capabilities, and enhance the combined company’s financial position.
KD Iron & Steel, a flagship company of the KD Group, is engaged in the production of structural steel products under the XTECH brand and has established a significant presence in northeastern India. The integration is expected to provide KD Green Industries with greater scale and access to a wider manufacturing base.
The combined entity plans to focus on the manufacturing of green steel products, AAC blocks, fabricated infrastructure components, and other value-added products catering to sectors such as power transmission, railways, telecom, renewable energy, and construction.
According to the company, the merger forms part of a broader strategy to build a diversified industrial platform centred on sustainable manufacturing and infrastructure development. The move follows a series of expansion initiatives undertaken by KD Green Industries in recent months, including investments in AAC blocks and fabricated steel infrastructure businesses.
The modalities of the merger, including valuation and share-swap arrangements, will be determined after the completion of due diligence and consultations with financial and legal advisors. Once completed, the merger is expected to strengthen the group’s position in the green manufacturing segment and support its long-term growth plans.