KBC Global Ltd, a prominent player in the construction and real estate development sector has approved the appointment of Mr. Muthusubramanian Hariharan, as Executive Director and CEO of the Company with effect from 09 July 2024 With the intention of exploring new opportunities for business expansion, company has opened corporate office in Mumbai at Maitrya Business Park, Opp cosmos Bank, Hanuman Rd, Vile Parle. Board of Directors at its Meeting held on July 08, 2024, confirmed his appointment.
He will hold office upto the date of the ensuing general meeting. Mr. Muthusubramanian Hariharan will be responsible for leading the Global business development set by the company and execution of the company’s strategic plan and developing and communicating the organization’s vision, mission, and strategic objectives.
Established in 2007, company has made significant strides in the real estate industry, specializing in the development and sale of residential and residential-cum-office projects in Nashik, India. The company operates primarily in two segments: construction and development of residential and commercial projects, and contractual projects.
The company has also announced a strategic plans for expansion in both domestic and international markets. Company has handed over possession for 100 plus residential cum commercial units in its various ongoing projects in Nashik, Maharashtra. The group has handed over possession for total of 109 units from April 2024.
Recently, company has been awarded a significant subcontract worth approximately US $20 million by CRJE (EAST AFRICA) Ltd. The contract was secured through KBC Global’s wholly-owned Kenyan subsidiary, Karda International Infrastructure Limited, underscoring the company’s expanding footprint in the African market.The contract award highlights KBC Global’s growing capabilities and reputation in international infrastructure development. With this achievement, KBC Global is poised to make significant contributions to East Africa’s infrastructure landscape, aligning with the region’s ambitious growth and development goals.
.JPG)
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