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Maiden Forgings LtdImportant, 16-01-2026: Company Update

16-01-2026 | 05:22 pm

Maiden Forgings Limited announced that it did not receive the anticipated funds from a proposed investor within the stipulated period, leading to the decision not to proceed with the share allotment. This means the planned capital infusion from that specific investor will not occur as initially expected. The matter is currently under consideration, and the company will take appropriate steps. Any further developments regarding this situation will be communicated to stakeholders.

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