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Moongipa Capital Finance LtdUpdates, 29-05-2025: Company Update

29-05-2025 | 04:54 pm

Moongipa Capital Finance Ltd has withdrawn its proposed preferential issue of 25 lakh fully convertible warrants priced at Rs.30 each to non-promoter investors. The decision follows market volatility and sentiment fluctuations, which made it challenging to secure investor participation. The company confirmed this withdrawal will not impact its financial stability, operations, or growth prospects, maintaining transparency with stakeholders.

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