Minerva Ventures Fund bought 3,50,000 shares of Expo Engineering And Projects Limited for ₹3.33 Cr at ₹95.00 apiece in a bulk deal.
A manufacturer of pressure vessels, columns, towers, and related industrial equipment serving diverse sectors across India. Established in 1982, the company operates in specialized engineering and fabrication, producing equipment for various industrial processes and applications. Beyond manufacturing, it undertakes site engineering projects, providing integrated solutions and technical expertise to clients in the industrial sector.
A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.