Mangalam Industrial Finance
0.82
+0.02(+2.50%)
Market Cap₹116.85 Cr
PE Ratio80.00
Company Performance:
1D+2.50%
1M-7.87%
6M-51.76%
1Y-49.07%
5Y+13.89%
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More news about Mangalam Industrial Finance
18Mar 26
Mangalam Industrial Finance: DY Captive Projects Invokes Pledge on 9 Crore Shares
DY Captive Projects LLP has acquired 9.00 crore equity shares representing 6.32% stake in Mangalam Industrial Finance Limited through pledge invocation on March 13, 2026. The transaction was executed under SEBI takeover regulations with comprehensive disclosures filed by Company Secretary Samoil Akilbhai Lokhandwala, demonstrating strict regulatory compliance while facilitating the lender's transition to equity stakeholder status.
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05Mar 26
Wardwizard Solutions Sells 39.62 Lakh Shares in Mangalam Industrial Finance
Wardwizard Solutions India Private Limited has officially disclosed the sale of 39,61,817 equity shares in Mangalam Industrial Finance Limited through open market transaction on February 27, 2026. The sale reduced Wardwizard's shareholding from 7.68% to 7.40%, while the combined holding with PAC Yatin Sanjay Gupte decreased from 13.66% to 13.38%. The transaction was formally reported to BSE Limited under SEBI regulatory compliance requirements.
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18Feb 26
Mangalam Industrial Finance Limited Announces Postal Ballot for Related Party Transaction Approvals
Mangalam Industrial Finance Limited has issued a postal ballot notice dated February 13, 2026, seeking shareholder approval to increase related party transaction limits with three Wardwizard group entities from ₹15 crore to ₹30 crore each for FY 2025-26. The e-voting process runs from February 20 to March 21, 2026, with results expected by March 24, 2026. The proposed transactions include loans, advances, and services, all conducted on arm's length basis at 12% interest rate.
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13Feb 26
Mangalam Industrial Finance Reports Q3FY26 Results with Net Profit of ₹1.098 Lakhs
Mangalam Industrial Finance Limited concluded its board meeting on February 13, 2026, approving Q3FY26 unaudited standalone financial results. The company reported net profit of ₹1.098 lakhs for the quarter with total income reaching ₹545.253 lakhs, driven by substantial other income of ₹464.861 lakhs despite operational revenue declining to ₹80.392 lakhs. The company successfully completed a rights issue allotting 45,34,86,428 equity shares at ₹1 per share in 1:2 ratio, significantly increasing paid-up capital to ₹14,251.299 lakhs.
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16Dec 25
Mangalam Industrial Finance Three Promoters Report Shareholding Decline Post Rights
Mangalam Industrial Finance received shareholding disclosures from three promoters showing percentage decreases due to rights issue allotment. Venkata Ramana Revuru's stake dropped from 14.00% to 9.45%, while two other promoters also reported proportional dilution as the company's total share capital expanded by 48.20% to 1,42,51,29,928 shares.
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28Nov 25
Mangalam Industrial Finance Rights Issue Closes with 95.37% Subscription
Mangalam Industrial Finance Limited (MIFL) concluded its rights issue with a 95.37% preliminary subscription rate. The board approved 49,28,728 additional equity shares from 34 eligible shareholders who applied beyond their entitlements. A total of 51,83,921 applications were received. The board meeting to approve these details was held on November 28, 2025, from 17:30 to 18:00 IST.
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18Nov 25
Mangalam Industrial Finance Extends Rights Issue Closure Date to November 25
Mangalam Industrial Finance Limited (MIFL) has extended the closure date of its ongoing rights issue from November 19 to November 25, 2025. The rights issue offers up to 48,08,21,750 equity shares at Re. 1 per share, with a rights ratio of 1:2. The total amount to be raised is up to Rs. 48,08,21,750. The extension provides shareholders additional time to participate in the company's capital raising initiative. The revised schedule includes an issue opening date of October 27, 2025, and a new closing date of November 25, 2025, with allotment expected around November 28, 2025.
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30Oct 25
Mangalam Industrial Finance Extends Rights Issue Closure Date, Offers Additional Time for Shareholders
Mangalam Industrial Finance Limited (MIFL) has extended its ongoing rights issue. The Issue Closing Date is now November 14, 2025, and the Last Date for Rights Entitlement Trading is November 10, 2025. The rights issue offers up to 48,08,21,750 equity shares at Re. 1 per share, with a rights entitlement ratio of 1:2. The total issue amount is up to Rs. 48,08,21,750. The extension aims to provide shareholders more time to participate in the equity offering.
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17Sept 25
Mangalam Industrial Finance Approves Rights Issue of 48.08 Crore Equity Shares at Re. 1 Each
Mangalam Industrial Finance Limited (MIFL) has approved a rights issue of 48,08,21,750 equity shares at Re. 1 per share, aiming to raise Rs. 48.08 crore. The rights entitlement ratio is 1 new equity share for every 2 shares held, with the record date set for September 23, 2025. This move will increase MIFL's outstanding shares from 96,16,43,500 to 1,44,24,65,250, assuming full subscription. The Board meeting approving this decision was held on September 17, 2025.
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12Sept 25
Mangalam Industrial Finance to Decide on Rs 4,900 Lakh Rights Issue in Upcoming Board Meeting
Mangalam Industrial Finance Limited (MIFL) has scheduled a board meeting for September 17, 2025, to finalize details of a proposed rights issue of up to Rs 4,900 lakhs. The board will determine the issue price, size, rights entitlement ratio, and record date. MIFL has received in-principle approval from BSE Limited for this issue. The company has closed the trading window for designated persons from September 12, 2025, until 48 hours after the board meeting concludes.
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05Sept 25
Mangalam Industrial Finance Approves Related Party Transactions, Appoints Secretarial Auditor
Mangalam Industrial Finance Ltd's Board of Directors has approved material related party transactions for FY 2025-26, subject to shareholder approval. The company appointed Mr. Kamal A. Lalani as Secretarial Auditor for a five-year term starting April 1, 2025. A postal ballot with e-voting from March 13 to April 11, 2025, has been approved. The company also reviewed its statutory policies to align with recent listing regulation amendments.
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22Jul 25
Mangalam Industrial Finance Shareholders Approve Authorized Share Capital Increase with Overwhelming Majority
Mangalam Industrial Finance Limited (MIFL) shareholders overwhelmingly approved an increase in the company's authorized share capital and alterations to its Memorandum of Association through a postal ballot. The resolution received 99.93% overall approval, with 100% support from the Promoter and Promoter Group and 86.84% from Public Non-Institutions. Out of 96.16 crore total shares, 56.96 crore votes were cast, representing 59.23% participation. The e-voting period ended on July 18, 2025, and the scrutinizer's report was submitted on July 21, 2025.
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1 Year Returns:-49.07%
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