Mega Nirman and Industries Ltd — Board Meeting, 25-07-2025: Board Meeting

Mega Nirman & Industries has announced a board meeting outlining significant capital structure changes. The company proposed a 1:1 rights issue to existing shareholders and plans to increase its authorized share capital from ₹50 Cr to ₹60 Cr to facilitate this. Concurrently, the board approved the conversion of 79.67 lakh warrants into equity shares from non-promoter investors, injecting ₹9.75 Cr. This raises the company's issued and paid-up capital to ₹18.59 Cr. Details for the upcoming 42nd Annual General Meeting were also approved.