Intimation of Fund Raising for an aggregate amount of Rs. 100 Cr. by way of Qualified Institutional Placements (QIP) pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manbro Industries Ltd has announced that its Board of Directors, at a meeting held on 3rd September 2025, approved raising funds of up to ₹100 Crores through a Qualified Institutional Placement (QIP) of equity shares. The funds will be raised in one or more tranches, subject to shareholder approval and other regulatory clearances. The pricing of the issue will be determined in accordance with applicable SEBI and Companies Act provisions, and will include any premium decided by the Board. The company has a CIN of L47211DL1992PLC048444 and is listed on BSE under scrip code 512595. The announcement has been made under Regulation 30 of SEBI (LODR) Regulations, 2015.
This fund raise will dilute existing shareholders' equity, but brings in fresh capital of up to ₹100 Crores for the company's growth or operational needs. The stock may see short-term pressure due to dilution concerns, depending on the issue price and use of proceeds.