Mega Nirman and Industries Ltd — Updates, 25-07-2025: Company Update

Mega Nirman & Industries' board has approved a 1:1 rights issue to existing shareholders. The company's authorized share capital will increase from Rs 50 Cr to Rs 60 Cr. Additionally, 79.67 lakh new equity shares were allotted at Rs 15 each from warrant conversions, injecting Rs 9.75 Cr and raising the paid-up capital to Rs 18.59 Cr. The 42nd Annual General Meeting is scheduled for August 26, 2025, where key proposals will be presented for shareholder approval.