Revised outcome for Board Meeting held on November 05, 2025
Awaiting price reaction for this filing.
Mahan Industries has filed a revised outcome of its November 5, 2025 board meeting to correct a typographical error. The board had approved an increase in the company's authorized share capital from ₹37.30 crore (3.73 crore equity shares of ₹10 each) to ₹60 crore (6 crore equity shares of ₹10 each), by creating 2.27 crore new equity shares. The original filing had incorrectly mentioned the new authorized capital as ₹50 crore instead of ₹60 crore, and this revised communication fixes that number. No new business decision is being announced; only the figure is being corrected.
This is a clerical correction only and has no impact on shareholders or the stock price. The underlying board approval remains the same — an increase in authorized share capital — which may allow the company to issue more shares in the future if needed.