Man Infraconstruction Limited — QIP/Rights/Pref., 20-06-2025: Allotment of Securities

Man Infraconstruction Limited has announced a board meeting on June 25, 2025, to consider the financial results for the quarter and half-year. Recently, the company converted 95.29 lakh warrants into equity shares at Rs. 155 each, raising Rs. 110.78 Cr. The shares were allotted to 14 non-promoter investors, including MICL group employees, with promoters not participating in this conversion. Post allotment, equity capital increased from Rs. 75.06 Cr to Rs. 76.96 Cr. Warrants worth 2.15 crore remain outstanding for future conversion, offering potential further fund infusion.