Man Industries (India) Limited — QIP/Rights/Pref., 02-08-2025: Allotment of Securities

Man Industries (India) Ltd. has allotted 12,19,512 convertible warrants via a preferential issue to Man Finance Private Limited, a Promoter Group entity. Each warrant is priced at Rs. 328. This move brings in approximately Rs. 40 Crore to the company. This capital infusion strengthens the balance sheet and signals increased commitment from the promoter group. Upon conversion of these warrants into equity shares, we can expect a boost in the promoter's stake, a positive sign for long-term investors. #MANINDS #CapitalRaise #InvestorUpdate