Mangalya Soft Tech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2025 ,inter alia, to consider and approve Pursuant to Regulation 29 ....
Awaiting price reaction for this filing.
Mangalya Soft-Tech Limited has informed BSE that its Board of Directors will meet on May 15, 2025, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2025. The company has also mentioned that its securities remain suspended from trading on the stock exchange due to past SEBI and exchange regulation violations. The company was previously under the Corporate Insolvency Resolution Process (CIRP), with a Resolution Plan approved by NCLT Ahmedabad in September 2022, and payments related to BSE claims, listing fees, contingent liabilities, reinstatement, and revocation fees have been made per that plan. The trading window for insiders will reopen 48 hours after the results are announced.
Investors should note that trading in the company's shares is currently suspended on BSE, meaning there is no active price discovery. The upcoming results will provide the first formal financial update under the post-CIRP structure and are worth watching closely, though liquidity remains a key concern until trading is reinstated.