Manav Infra Projects Limited — Important, 24-03-2025: Updates

Manav Infra Projects Ltd. has informed that the rights issue period has closed following a meeting of the Capital Raising Committee. The terms of the equity share issuance were approved, detailing pricing, payment mechanisms, entitlement ratio, and record date. The rights issue opened on March 12, 2025, and closed on March 24, 2025. This development reflects the company's proactive approach to raise capital, which could strengthen its financial position and support future growth initiatives. Stakeholders should keep an eye on how this capital infusion may positively impact the company's operational capacity and strategic plans.