Mangalam Industrial Finance Ltd — Board Meeting, 17-05-2025: Board Meeting

Mangalam Industrial Finance Limited has announced a board meeting on which it approved the audited standalone financial results for the fourth quarter and financial year. The statutory auditors issued an unmodified opinion on these results, signaling clean audit outcomes. The company has appointed M/s. Upadhyay & Company LLP as its internal auditors for the financial year 2025-26 to oversee compliance and audit activities. Mangalam Industrial Finance Limited also clarified it is not classified as a Large Corporate, reporting no outstanding qualified borrowings or debt issuance during the year. This reflects a stable borrowing profile and ongoing strengthening of governance.