Moongipa Capital Finance Ltd — Board Meeting, 29-05-2025: Board Meeting

Moongipa Capital Finance Ltd has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported a loss of Rs 53.08 lakh for the quarter but a profit of Rs 137.70 lakh for the year. Revenue from operations stood at Rs 109.36 lakh for the quarter and Rs 876.01 lakh for the year. The company withdrew its planned preferential issue of 25 lakh fully convertible warrants due to market volatility affecting investor interest. The rights issue raised Rs 15.27 Cr, with funds primarily used to augment the capital base and for general corporate purposes, with no deviation in use of proceeds.