Mangalam Cement Limited — Important, 29-07-2025: Updates

Mangalam Cement is proposing significant strategic moves. Key proposals include increasing authorized share capital from Rs. 50 Cr to Rs. 150 Cr and seeking approval to raise up to Rs. 1,000 Cr via equity and Rs. 1,500 Cr via debt instruments. The company also aims to enhance its borrowing capacity to Rs. 3,000 Cr. Additionally, shareholders will vote on re-appointing the MD and appointing two Whole-time Directors, along with approving related party transactions up to Rs. 2,000 Cr annually. These initiatives point to growth and strengthened financial flexibility.