Mangal Credit And Fincorp has informed that Board of Directors of the Company in their meeting held on Friday, 18th August, 2023 has considered and approved the request received vide letter dated 17 August, 2023 from Shree Jaisal Electronics And Industries seeking reclassification of shareholding from ‘Promoter and Promoter Group’ to ‘Pubic’ category. The Company shall seek Shareholders’ approval for reclassification in line with the provisions of regulation 31A of SEBI (LODR), 2015. Also enclosed extract of the minutes of the Board Meeting held on 18th August, 2023 for your kind perusal. The Board Meeting commenced at 11:00 am and concluded at 11:30 am.
The above information is a part of company’s filings submitted to BSE.
