Attached herewith Intimation for trading approval of the Company
Price
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Awaiting price reaction for this filing.
Mangalam Industrial Finance Ltd has received trading approval from BSE for its Rights Issue of fully paid-up equity shares. The approval covers 46,34,86,428 equity shares (approximately 46.35 crore shares) of Rs. 1 face value each, issued on a rights basis. The newly issued shares, bearing distinctive numbers from 961643501 to 1425129928, will be eligible for trading on BSE effective from Friday, December 5, 2025. The company had originally applied for this rights issue on December 20, 2025 (as referenced in the filing). This intimation is being made under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Existing shareholders who subscribed to the rights issue can now trade these shares on BSE. The addition of ~46.35 crore shares will significantly expand the listed share base, increasing float and potentially creating dilution. For the stock price, this is a routine listing event rather than a fundamental catalyst, though the expanded share count may affect per-share metrics.