Maxgrow India Ltd

Maxgrow India Eyes Gold Mining Expansion in Tanzania 🚀

- Maxgrow India's Board reviewed growth opportunities in new sectors on September 17, 2025.

- Evaluating entry into mining via potential acquisitions and restructuring.

- Ongoing discussions for gold mining assets in Tanzania.

- Plans to set up a wholly-owned subsidiary for mining operations.

- SEBI-registered Merchant Bankers to handle valuation and fairness opinion.

- Plan implementation depends on asset transfer, valuation reports, and regulatory approvals.