Milgrey Finance Reschedules Board Meeting to Consider New Business Acquisition

Milgrey Finance & Investments Ltd, a Mumbai-based financial services company, has announced a change in its upcoming Board of Directors meeting schedule. The meeting, originally set for August 28, 2025, has been rescheduled to September 2, 2025.

Key Points

• Meeting Rescheduled: The Board of Directors meeting has been moved from August 28 to September 2, 2025.
• Purpose of Meeting: The board will consider and approve a proposal to acquire a new business.
• Official Communication: The rescheduling was communicated by Abhay Gupta, Director of Milgrey Finance & Investments Ltd.

Additional Details

According to the company's official communication to the BSE Ltd:

• The rescheduling is in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The meeting will be held on Tuesday, September 2, 2025.
• The primary agenda item is to consider and approve the proposal for acquiring a new business.

This development suggests that Milgrey Finance & Investments Ltd may be looking to expand its operations or diversify its business portfolio. However, specific details about the potential acquisition target or the nature of the new business have not been disclosed at this time.

Investors and market watchers will likely be keen to learn more about this potential acquisition and its implications for the company's future growth strategy when the board meets in September.

Milgrey Finance & Investments Ltd's registered office is located at 31, Whispering Palms Shopping Center, Lokhandwala, Kandivali (East), Mumbai - 400 101.