MTandT Rentals Limited Secures INR 100 Crore Investment from ValueQuest

Chennai – MTandT Rentals Limited ("MRL"), a leading provider of specialized equipment rental and trading solutions, today announced that ValueQuest Investment Advisors has made a strategic investment of INR 100 crore to accelerate the company's expansion across India.

Strengthening India's Equipment Rental Sector

MTandT Rentals provides comprehensive solutions for infrastructure, industrial, and construction sectors through its portfolio of aerial work platforms—including boom lifts, scissor lifts, and spider lifts—and ground protection access solutions such as PortaDeck composite mats.

The company complements its rental offerings with equipment maintenance, operator training, and technical support services.

The investment will enable MRL to expand its equipment fleet and enhance service capabilities, strengthening the company's capacity to serve large-scale infrastructure and industrial projects while driving broader adoption of specialized equipment rental solutions across India.

Mr. Rakesh Modi, Chairman, MTandT Rentals, said:

"This partnership with ValueQuest marks a significant milestone in our growth journey. The investment will empower us to scale operations, enhance our service portfolio, and reinforce our commitment to safety and operational excellence. We extend our gratitude to Systematix Corporate Services Limited and Invicta Capserv Private Limited for their invaluable guidance throughout this transaction."

ValueQuest's investment reflects confidence in MRL's market position and growth potential. The company has demonstrated a strong growth trajectory with a CAGR of over 48% during FY21–FY25, establishing itself as a trusted partner for safety and reliability in India's equipment rental industry.

Advisors: Systematix Corporate Services Limited and Invicta Capserv Private Limited jointly advised MTandT Rentals on this transaction.