Mangalam Industrial Finance Ltd — Important, 29-05-2026: Company Update

Mangalam Industrial Finance confirmed no deviation in using funds from its Rights Issue for the recent reporting quarter. The company raised 46.35 Cr through the Rights Issue to augment its capital base, support NBFC activities, and for general corporate purposes. All funds raised have been utilized as planned, demonstrating adherence to the stated objectives. This statement was reviewed by the Audit Committee, which found no comments or variations.