Mangalam Industrial Finance Ltd — Others, 22-07-2025: AGM/EGM
22-07-2025 | 11:25 am
22-07-2025 | 11:25 am
Mangalam Industrial Finance Limited's postal ballot has successfully concluded, with shareholders approving the Ordinary Resolution to increase the company's Authorized Share Capital and alter its Memorandum of Association. The resolution passed with an overwhelming 99.93% of polled votes in favour. This approval, which saw over 56 crore shares vote in support, provides the company crucial flexibility for future capital-raising efforts, potential business expansion, or other strategic corporate actions. This strengthens the company's financial foundation and capacity for growth.
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