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Mangalam Industrial Finance to raise ₹48.08 crore via rights issue October 27–November 7, offering one new share for every two held.
Mangalam Industrial Finance Limited will launch a rights issue on October 27, 2025, raising ₹48.08 crore by issuing 48.08 crore shares at ₹1 each, offering one new share for every two held.
The issue runs through November 7, with renunciation allowed until October 31.
The record date for eligibility is September 23, 2025.
Proceeds will strengthen capital and support lending, including electric vehicle financing and personal and business loans.
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Mangalam Industrial Finance recaudará ₹48.08 crores a través de la emisión de derechos del 27 de octubre al 7 de noviembre, ofreciendo una nueva acción por cada dos que posea.