Mehai Technology
1.43
+0.13(+10.00%)
Market Cap₹105.93 Cr
PE Ratio16.25
Company Performance:
1D+10.00%
1M+20.17%
6M-81.64%
1Y-86.06%
5Y-63.71%
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More news about Mehai Technology
07Nov 25
Mehai Technology Limited Extends ₹9.10 Crore Loan to Subsidiary for Debt Refinancing
Mehai Technology Limited (MTL) has entered into a loan agreement with its subsidiary, Mehai Aqua Private Limited (MAPL), offering an unsecured loan facility of up to ₹9.10 crores. The loan, carrying an 8.5% annual interest rate, is intended for refinancing MAPL's existing debt with UCO Bank. MTL owns 95.10% of MAPL, making this a related party transaction. The loan is repayable within 5 years and will be disbursed in one or more tranches. This move aims to support MAPL's financial health and potentially reduce its interest burden.
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17Oct 25
Mehai Technology Limited Successfully Concludes ₹74.11 Crore Rights Issue
Mehai Technology has successfully completed its rights issue, raising ₹74.11 crore by issuing equity shares with a face value of ₹1.00 each. The rights issue opened on September 26, 2025, and closed on October 17, 2025. The issue was conducted in compliance with relevant regulations and laws. Jugal Kishore Bhagat, the Managing Director, confirmed the successful closure of the issue.
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12Sept 25
Mehai Technology Announces ₹74.11 Crore Rights Issue at ₹2 Per Share
Mehai Technology Limited plans a rights issue to raise up to ₹74.11 crore by offering 37,05,30,000 new equity shares at ₹2 per share. The 1:1 ratio offer allows eligible shareholders to subscribe to one new share for each existing share. The record date is set for September 18, 2025, with the issue opening on September 26 and closing on October 17, 2025. Upon full subscription, the company's total equity shares would double to 74,10,60,000. BSE Limited has granted in-principle approval for the rights issue.
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11Sept 25
Mehai Technology Limited Secures BSE Approval for ₹75 Crore Rights Issue
Mehai Technology Limited has received in-principle approval from BSE Limited for a rights issue of equity shares worth up to ₹75.00 crores. The approval, referenced as LOD/Rights/MV/FIP/867/2025-26, was granted on September 11, 2025. This follows the initial approval by the company's Board of Directors on August 22, 2025. The rights issue will allow existing shareholders to purchase additional shares at a discounted price, potentially infusing significant capital into the company.
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22Aug 25
Mehai Technology to Finalize ₹75 Crore Rights Issue Details in Upcoming Committee Meeting
Mehai Technology Limited (BSE: 540730) has scheduled a Rights Issue Committee meeting for August 29, 2025, to determine key parameters for its upcoming rights issue. The committee will decide on the record date, issue price, entitlement ratio, and other terms for the previously approved rights issue of up to ₹75 crore. The issue will involve equity shares with a face value of ₹1 each, subject to regulatory approvals.
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19Aug 25
Mehai Technology Explores Fund Raising Options, Board Meeting Scheduled
Mehai Technology Limited has announced a board meeting scheduled for August 22, 2025, to discuss potential fund raising initiatives. The company is considering various options including issuing equity shares, a rights issue, or other permissible methods under applicable laws. The exact method and details will be determined during the meeting, subject to regulatory approvals. This move suggests possible expansion plans for the Jaipur-based technology firm.
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16Aug 25
Mehai Technology Reports 820% YoY Revenue Surge in Q1, Net Profit Up 594%
Mehai Technology Limited reported a significant year-over-year growth in Q1 financials. Revenue increased by 820% to ₹18.58 crore from ₹2.02 crore in the previous year's Q1. Net profit rose by 594% to ₹1.11 crore. However, there was a 64.5% sequential revenue decline from the previous quarter. The operating profit margin decreased to 8.2% from 10.6% year-over-year. The company's paid-up equity share capital increased to ₹37.05 crore from ₹21.81 crore a year ago.
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Mehai Technology
1.43
+0.13
(+10.00%)
1 Year Returns:-86.06%
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