Mangalam Industrial Finance
0.88
-0.03(-3.30%)
Market Cap₹125.42 Cr
PE Ratio91.00
Company Performance:
1D-3.30%
1M-48.84%
6M-40.94%
1Y-55.56%
5Y+69.23%
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More news about Mangalam Industrial Finance
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:-55.56%
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