Manav Infra Projects Limited — Others, 07-03-2025: Copy of Newspaper Publication

Manav Infra Projects Ltd. has announced a board meeting on the upcoming rights issue of up to 68.36 lakh fully paid-up equity shares at a price of ₹11 per share, including a premium of ₹1. The total potential raise from this issuance is approximately ₹75.20 crore. Eligible shareholders will be offered these shares in a ratio of one for each share held, based on the record date of February 28, 2025.

This rights issue aims to bolster the company's capital structure, providing liquidity to support future growth. For investors, this presents a positive outlook as it enhances fundraising capabilities, although there may be some dilution of existing shares to consider.