Man Industries (India) Limited — Updates, 28-07-2025: Press Release

Man Industries (India) Ltd (MANINDS) has successfully raised ₹255 Crores through a preferential issue of 77,74,383 equity shares to non-promoter investors at ₹328 per share. This capital infusion will be strategically deployed for advance capital expenditure, specifically funding ongoing expansions in Jammu and Saudi Arabia. The funds will also strengthen the balance sheet, bolster working capital, and fuel the company’s domestic and global growth, supported by a strong order pipeline. This move signals robust investor confidence in MANINDS's long-term trajectory.