Description

463.49 million equity shares of Mangalam Industrial Finance Limited issued on rights basis are listed and permitted for trading on BSE with effect from December 5, 2025.

Summary

BSE has announced the listing of 463,486,428 new equity shares of Mangalam Industrial Finance Limited (Scrip Code: 537800) issued on a rights basis. The shares will be available for trading on the Exchange with effect from Friday, December 5, 2025. The shares were allotted on December 1, 2025, at par value of Rs. 1/- each and rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 463,486,428 equity shares of Rs. 1/- each
  • Issue type: Rights issue at par value
  • ISIN: INE717C01025
  • Distinctive Numbers: 961643501 to 1425129928
  • Date of Allotment: December 1, 2025
  • Trading commencement date: December 5, 2025
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

Trading members of BSE are required to:

  • Take note of the listing of new securities
  • Update their systems to reflect the increased share capital
  • Facilitate trading in the newly listed shares from December 5, 2025

Important Dates

  • December 1, 2025: Date of allotment of rights issue shares
  • December 4, 2025: Notice date
  • December 5, 2025: Effective date for trading commencement

Impact Assessment

Market Impact: The rights issue represents a substantial increase in the equity capital of Mangalam Industrial Finance Limited. With over 463 million new shares being listed, this significantly expands the company’s share base and will impact the company’s market capitalization and liquidity profile.

Shareholder Impact: Existing shareholders who participated in the rights issue will see their holdings increase, while those who did not participate may experience dilution. The pari-passu ranking ensures equal treatment of new and existing shares in terms of dividends and voting rights.

Trading Impact: The substantial increase in share count may affect trading volumes and stock price dynamics when trading commences on December 5, 2025.

Impact Justification

Significant rights issue listing of 463.49 million shares representing substantial capital raise for Mangalam Industrial Finance Limited, impacting existing shareholders and market capitalization