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

Mega Nirman's board has approved a 1:1 rights issue to existing shareholders, a strategic move to raise capital. To support this and future expansion, the authorized share capital will increase from 50 Cr to 60 Cr. The company also allotted over 79.66 lakh new equity shares by converting warrants, bringing in approximately 9.75 Cr. This boosted the paid-up capital to 18.59 Cr. The 42nd Annual General Meeting will be held. Additionally, over 70.55 lakh warrants are still outstanding for future conversion.