Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 0.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
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.