Description

Listing and trading commencement of 46.35 crore new equity shares of Mangalam Industrial Finance Limited issued on rights basis, effective December 5, 2025.

Summary

BSE has announced the listing of 46,34,86,428 new equity shares of Mangalam Industrial Finance Limited (Scrip Code: 537800) issued on a rights basis. The shares will be listed and permitted for trading on the Exchange with effect from Friday, December 5, 2025. These shares were allotted on December 1, 2025, at par value of Rs. 1/- each and will rank pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 46,34,86,428 equity shares of Rs. 1/- each
  • Issue type: Rights issue at par value
  • Scrip Code: 537800
  • ISIN: INE717C01025
  • Distinguished Numbers: 961643501 to 1425129928
  • Allotment Date: December 1, 2025
  • Trading commencement: December 5, 2025
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification for newly issued securities.

Compliance Requirements

  • Trading members are informed to facilitate trading of the new securities from the effective date
  • No additional compliance requirements specified for trading members

Important Dates

  • December 1, 2025: Date of allotment of new equity shares
  • December 4, 2025: Notice date and circular publication
  • December 5, 2025: Listing and trading commencement date

Impact Assessment

Market Impact: The rights issue significantly increases the equity base of Mangalam Industrial Finance Limited by approximately 46.35 crore shares. This substantial dilution may impact the stock’s trading dynamics, liquidity, and price movements.

Shareholder Impact: Existing shareholders who participated in the rights issue will see their holdings increase proportionally. The pari-passu ranking ensures equal rights for new shares including voting and dividend entitlements.

Trading Impact: Medium impact on market liquidity and trading volumes expected from December 5, 2025, as the increased free float becomes available for trading.

Impact Justification

Significant rights issue of 46.35 crore shares affecting existing shareholders and market liquidity for Mangalam Industrial Finance Limited