India Max Investment sold 80,000 shares of Dhara Rail Pro. for ₹1.00 Cr at ₹124.66 apiece in a bulk deal.
A provider of specialized services for railway rolling stock systems, Dhara Rail Pro offers annual maintenance contracts and comprehensive repair services to the Indian railway sector. Incorporated in 2010, the company operates within the diversified commercial services space, focusing on the upkeep and ongoing servicing of rail infrastructure components and equipment. Its niche expertise in railway maintenance and technical support positions it as a dedicated player supporting India's rail network operations and asset reliability.
India Max Investment Fund Limited is a Mauritius-registered foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors including electric equipment, solar, engineering, and logistics.
