Mangalam Organics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/08/2025 ,inter alia, to consider and approve To consider and approve the ....
MANORG · price
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Mangalam Organics Ltd has informed BSE and NSE that its Board of Directors will meet on Monday, August 18, 2025 to consider and approve the issuance of unlisted, secured or unsecured, non-convertible debentures (NCDs) on a private placement basis. The NCDs would be offered to one or more investors, including asset management companies and financial institutions, subject to necessary approvals. The company has not disclosed the size or value of the proposed fundraise in this intimation. As a standard compliance measure under insider trading regulations, the trading window for designated persons and their immediate relatives has been closed from August 13, 2025 and will reopen 48 hours after the board meeting outcome is made public.
This is a debt-raising move rather than equity, so existing shareholders are unlikely to face dilution from this particular proposal, but it will increase the company's debt obligations. The actual quantum and terms of the NCD issuance, which will influence the stock, will only be known after the August 18 board meeting.