Mangalam industrial finance Limited has announced that its board of directors will convene on Friday, February 13, 2026, to review and approve the company's quarterly financial performance. The meeting notification was issued on February 9, 2026, in compliance with regulatory requirements under the SEBI listing regulations.

Board Meeting Agenda

The primary agenda for the upcoming board meeting includes the consideration and approval of critical financial matters for the current fiscal year.

The board will also address any other business matters deemed appropriate by the chairperson and majority of directors present during the meeting.

Trading Window Restrictions

In accordance with insider trading prevention measures, the company has implemented specific trading restrictions for designated persons. The trading window closure was previously communicated to the exchange on December 24, 2025.

These restrictions align with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended by the 2018 regulations, ensuring compliance with insider trading prevention protocols.

Regulatory Compliance

The board meeting announcement fulfills the company's obligations under Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings scheduled to consider financial results and other material matters.

The notification was signed by Samoil Akilbhai Lokhandwala, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining transparent communication with stakeholders and regulatory authorities.

Mangalam Industrial Finance has received shareholding disclosures from three promoters under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated December 16, 2025. The disclosures reveal significant decreases in promoter equity shareholdings following the company's recent rights issue allotment to other promoters and public shareholders.

Multiple Promoter Shareholding Changes

Three promoters filed separate disclosures reporting decreased shareholding percentages due to the rights issue impact:

Rights Issue Impact on Capital Structure

The rights issue significantly expanded the company's share capital, affecting all promoter shareholding percentages while their absolute share numbers remained unchanged:

Individual Promoter Disclosures

Venkata Ramana Revuru, holding the largest promoter stake, saw his shareholding percentage drop from 14.00% to 9.45% despite maintaining 13,45,30,008 shares. Sojan Vettukalel Avirachan's holding decreased from 2.60% to 1.76% with 2,50,02,731 shares, while Garuda Mart India Private Limited's stake reduced from 4.93% to 3.33% with 4,73,93,371 shares.

Regulatory Compliance and Corporate Action Details

All three promoters submitted their required disclosures to BSE Limited on December 16, 2025, fulfilling regulatory obligations under SEBI takeover regulations. The filings confirm that the shareholding changes resulted from allotment of fully paid-up equity shares to other promoters and public shareholders under the rights issue basis. The rights issue involved 46,34,86,428 equity shares issued at par value of Re. 1.00 each, successfully raising additional capital while proportionally diluting existing shareholding percentages across all stakeholders.