Mangalam Industrial Finance: No Deviation in Rights Issue Proceeds

Mangalam Industrial Finance Ltd confirms no deviations or variations in the use of proceeds from its Rights Issue of equity shares as of March 31, 2026, according to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rights issue, which raised ₹46,34,86,428, was intended to augment the company's capital base and fund its NBFC activities and general corporate purposes. The Audit Committee reviewed and approved this statement on May 29, 2026.