Mangalam Industrial Finance has informed that a meeting of the Board of Directors of the Company will be held on Wednesday, the 17th day of January, 2024, to fix the Issue price for the proposed Rights Issue of the Company; to consider and approve the number of equity shares to be issued on a rights basis and the Rights Entitlement; to consider and fix the Record Date for the proposed Rights Issue of the Company; to consider, approve and adopt the Letter of Offer, Abridged Letter of Offer and other allied matters in relation to the proposed Rights Issue of the Company; any other matter with the permission of the Chair. Further, in accordance with the applicable regulations of SEBI (Prohibition of Insider Trading) Regulations, 2015, the ‘Trading Window’ for dealing in Equity Shares of the Company is already closed from 01st January, 2024 and shall remain closed till forty-eight (48) hours after the declaration of unaudited financial results of the Company for the quarter and nine months ended 31st December, 2023. The same is being intimated to all the Designated and Connected persons.
The above information is a part of company’s filings submitted to BSE.
