By BullScreen Editorial Team 
Kolkata-based infrastructure firm Ganesh Infraworld Limited has finalized the acquisition of a 39.78% stake in Kandoi Transport Limited, marking a significant step toward integrating logistics into its core operations. The company acquired 1,73,700 equity shares for a total consideration of around ₹98.83 crore, turning Kandoi Transport into an associate entity.
The acquisition, first announced in March, is aimed at creating operational synergy between Ganesh Infraworld’s infrastructure projects and the logistics required to support them. To oversee the integration, Ganesh Infraworld’s Managing Director, Vibhoar Agrawal, and Non-Executive Director, Rachita Agrawal, have been appointed as Executive Directors on Kandoi Transport’s board, effective March 31, 2026.
The move positions Ganesh Infraworld to become a vertically integrated player capable of handling both large-scale construction and the associated transportation logistics. The company’s revenues have surged from ₹51 crore in FY24 to ₹538.2 crore in FY25, highlighting its rapid growth in the infrastructure sector.
Ganesh Infraworld’s stock showed intraday volatility on April 2, 2026, trading at ₹72.50 on the NSE, down from its 52-week high of ₹279.80, reflecting broader market corrections. Analysts note that investors should closely monitor the funding structure of the acquisition and its potential impact on the company’s credit profile as FY26-27 begins.
With this strategic acquisition, Ganesh Infraworld is strengthening its position in the infrastructure ecosystem, combining construction expertise with logistics capabilities to manage complex projects nationwide.