
Corporate Action23 Oct 2026, 10:06 am
Ritu Jain Acquires 5.5 Lakh Warrants in Mangal Credit
AI Summary
Ritu Jain, a promoter of Mangal Credit and Fincorp Limited, has acquired 5,50,000 Convertible Equity Warrants through a preferential allotment. This acquisition represents 2.33% of the total diluted share capital of the company. The total equity share capital of the company before and after the acquisition remains 21,11,39,860 shares, but the diluted share capital increases to 23,61,39,860 shares post-warrant issuance.
Key Highlights
- Ritu Jain acquired 5,50,000 convertible equity warrants.
- The acquisition represents 2.33% of the company's diluted share capital.
- The transaction was conducted via preferential allotment.
- Ritu Jain is identified as a promoter of Mangal Credit and Fincorp Ltd.
Price Impact
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