Mahan Industries Ltd — Important, 13-11-2025: Company Update

Mahan Industries has revised a previous board meeting outcome concerning its Authorized Share Capital. The company initially stated an increase from ₹37.30 Cr to ₹50 Cr. This has been corrected due to a typographical error. The actual proposed increase is to ₹60 Cr from the current ₹37.30 Cr. This adjustment means the company now plans to create 2.27 Cr new equity shares of ₹10 each, rather than the previously mentioned 1.27 Cr shares. This revision provides a higher ceiling for future equity issuance, impacting the company's capital structure.