The Board Meeting to be held on 16/09/2025 has been revised to 17/09/2025 The Board Meeting to be held on 16/09/2025 has been revised to 17/09/2025
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Mangalam Organics has issued a corrigendum correcting the date of its upcoming Board Meeting from September 16, 2025 to September 17, 2025 (Wednesday). The company described the original error as inadvertent. The Board will, among other things, consider and approve a proposal for fund raising from Banks and Financial Institutions, subject to required approvals. The trading window for dealing in company securities remains closed for designated persons and their immediate relatives from September 12, 2025, and will reopen 48 hours after the Board Meeting outcome is made public.
The fund raising proposal is the key actionable item, which could mean new debt or credit facilities for the company. Shareholders should watch for the Board's decision on September 17, as it may impact the company's capital structure and future obligations.