Description
Mangalam Industrial Finance Limited's 46,34,86,428 equity shares issued on rights basis at par value of Re. 1/- each are listed and permitted to trade with effect from December 5, 2025.
Summary
Mangalam Industrial Finance Limited (Scrip Code: 537800) has listed 46,34,86,428 new equity shares of Re. 1/- each issued on a rights basis at par. These securities are permitted to trade on BSE with effect from Friday, December 5, 2025. The shares rank pari-passu with existing equity shares.
Key Points
- 46,34,86,428 equity shares of Re. 1/- each issued at par on rights basis
- Scrip Code: 537800
- ISIN: INE717C01025
- Distinctive Numbers: 961643501 to 1425129928
- Date of Allotment: December 1, 2025
- Trading Start Date: December 5, 2025
- New shares rank pari-passu with old equity shares
Regulatory Changes
No regulatory changes. Standard listing procedure for rights issue securities.
Compliance Requirements
Trading members must update their systems to reflect the newly listed securities and ensure proper trading mechanisms are in place from December 5, 2025.
Important Dates
- Allotment Date: December 1, 2025
- Listing and Trading Commencement Date: December 5, 2025
Impact Assessment
This is a substantial rights issue representing a significant increase in the company’s equity capital. The 46.35 crore shares issued will result in dilution for existing shareholders who did not participate in the rights issue. The shares being issued at par (Re. 1/-) indicates a deeply discounted offer. Trading members should be prepared for increased trading activity and ensure systems can handle the expanded share base. The pari-passu ranking ensures equal rights for all shareholders.
Impact Justification
Significant rights issue of 46.35 crore shares at par value increases share capital substantially. Medium impact for existing shareholders due to dilution and trading members need to be aware of new securities.