Mangalya Soft Tech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2025 ,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 Thursday, August 14, 2025, to consider and approve the unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26), in line with SEBI LODR Regulations 29 and 33. The filing is a routine quarterly results intimation and also mentions the standard trading window closure until 48 hours after results are made public. Importantly, the company notes it was previously under the Corporate Insolvency Resolution Process (CIRP), with a Resolution Plan approved by the NCLT Ahmedabad Bench on September 27, 2022. Trading in the company's shares remains currently suspended by the stock exchange due to prior SEBI and exchange regulation violations, and payments towards BSE claim, listing fees, contingent liability, reinstatement and revocation fees have been settled under the approved Resolution Plan.
Since the stock is currently suspended from trading, this board meeting outcome has limited near-term price impact but is a step towards potential regulatory reinstatement. Investors should weigh the significant risks including the company's past insolvency proceedings, ongoing trading suspension, and contingent liabilities before considering any exposure.