Announced Tue, 2 Sept · 18:51 IST

Outcome of the Board Meeting

Listed Co AcquisitionStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Milgrey Finance & Investments Ltd, at its meeting held on September 2, 2025, approved the acquisition of a new NBFC company called Mayoga Investments Limited. The deal is subject to completion of due diligence. The company is a BSE-listed entity (Scrip Code: 511018) engaged in the financial services and investments space. No financial details, deal value, or timeline have been disclosed in this filing. The acquisition remains conditional and will move forward only after satisfactory due diligence.

Likely market impact

The acquisition could help Milgrey expand its NBFC portfolio and grow its financial services business, but since the deal is still subject to due diligence and no valuation or terms have been shared, the near-term impact on the stock is likely to be limited.