Mangalam Industrial Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/09/2025 ,inter alia, to consider and approve Pursuant to Regulation ....
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Mangalam Industrial Finance Ltd has called a Board meeting on 17th September 2025 to finalise details of a proposed Rights Issue of up to Rs. 4,900 Lakhs (Rs. 49 Crore). The company has already received in-principle approval from BSE for this Rights Issue, granted on 16th April 2025. At the meeting, the Board will decide the issue price per share, the total issue size and entitlement ratio for existing shareholders, and fix the record date to identify eligible shareholders. The trading window for insiders has been closed from 12th September 2025 until 48 hours after the meeting concludes.
Existing shareholders may need to invest additional capital to maintain their proportionate ownership when the Rights Issue is launched. The final issue price and entitlement ratio, to be decided on 17th September, will determine the actual cost and dilution for shareholders.