Attached herewith Statement of Deviation for quarter ended 31st December, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mangalam Industrial Finance Ltd filed its quarterly statement of deviation for the quarter ended 31 December 2025 under SEBI LODR Regulation 32. The company had raised Rs 46.35 crore through a Rights Issue on 1 December 2025, with the stated purpose of augmenting capital base and funding NBFC operations and general corporate purposes. Of the total amount raised, Rs 43.81 crore has been utilised during the quarter, leaving approximately Rs 2.54 crore pending deployment for the same stated objects. The company confirms there is no deviation or variation in the use of proceeds, and the Audit Committee, after review, has no comments to make.
This is a routine quarterly compliance filing confirming that Rights Issue funds are being used as originally disclosed. There is no negative signal for shareholders — the small unutilized balance (~Rs 2.54 crore) is a timing difference, not a change in purpose. No material impact on the stock is expected.