Man Infraconstruction Limited — QIP/Rights/Pref., 11-07-2025: Allotment of Securities

Man Infraconstruction Limited has announced a board meeting on the conversion of 29.66 lakh warrants into an equal number of equity shares at Rs. 155 each (face value Rs. 2). The company received Rs. 34.48 Cr from non-promoter allottees, including employees and institutional investors. Post allotment, the paid-up capital rose to Rs. 77.56 Cr from Rs. 76.96 Cr. This infusion strengthens the equity base with 1.85 crore warrants still pending conversion, offering potential future capital inflow.