Attached herewith Intimation for proposed Amendments in Memorandum of Association of Company
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The Board of Directors of Mangalam Industrial Finance Ltd, at its meeting on 16th June 2025, approved an increase in the company's Authorized Share Capital from Rs. 126.17 crore to Rs. 150 crore. This means creating an additional 23.83 crore equity shares of Re. 1 each on top of the existing 126.17 crore shares. To make this change effective, the company also proposes amending Clause V of its Memorandum of Association (MoA). The increase and amendment are subject to approval from shareholders.
This is a housekeeping step that gives the company room to issue more shares in the future, but it does not actually issue new shares to anyone yet. Existing shareholders will not see any change in their holdings unless a future fundraising action (such as a rights issue or preferential allotment) is approved separately.