StockWatch
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Non Banking Financial Company (NBFC)
Corporate Action21 Oct 2026, 02:28 pm

Meghraj Jain Acquires 2,00,000 Warrants in Mangal Credit

AI Summary

Meghraj Jain has acquired 2,00,000 Convertible Equity Warrants in Mangal Credit and Fincorp Limited through a preferential allotment. This transaction increases his holding of convertible securities to 2,00,000, representing 0.85% of the diluted share capital. His total shareholding remains at 47,86,565 shares, or 22.67% of the total equity share capital. The total diluted share capital after this acquisition stands at 23,61,39,860.

Key Highlights

  • Meghraj Jain acquired 2,00,000 convertible warrants.
  • Acquisition was via preferential allotment.
  • Warrants represent 0.85% of diluted capital.
  • Total shareholding remains 22.67%.