Man Industries (India) Limited — Board Meeting, 18-01-2025: Outcome of Board Meeting

The Board of Directors has approved key initiatives, including raising up to ₹300 crore through the issuance of equity shares and other instruments via preferential issue, QIP, or rights issue, pending necessary approvals. Additionally, Mr. Sandeep Kumar has been appointed as the Chief Financial Officer, bringing 34 years of experience and a wealth of expertise from previous roles in notable companies. These developments signal significant strategic moves aimed at enhancing the company's financial position and governance.