Mega Nirman And Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/02/2026 ,inter alia, to consider and approve as per the pdf attached
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Mega Nirman & Industries Ltd has informed BSE that its Board of Directors will meet on Wednesday, 25 February 2026. The key item on the agenda is to consider and approve raising funds through a Rights Issue of equity shares to the company's existing eligible equity shareholders. The record date for determining eligible shareholders will be decided at a later date. The Rights Issue, if approved, will be subject to regulatory and statutory approvals and will follow the Companies Act, 2013 and SEBI ICDR Regulations, 2018. The intimation is filed under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements.
If the Rights Issue is approved, existing shareholders will be offered the opportunity to buy additional shares in proportion to their current holdings, which could bring in fresh capital but may also lead to dilution if shareholders do not fully subscribe. Watch for the record date announcement and pricing terms once the board approves the proposal.