Manorama Industries Approves QIP with Floor Price of ₹1,547.18

Manorama Industries Limited's Board of Directors, following shareholder approval, has approved a Qualified Institutions Placement (QIP) of equity shares. The Board adopted the preliminary placement document and authorized the opening of the issue on June 29, 2026. The floor price for the issue has been set at ₹1,547.18 per equity share, determined as per SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price. The trading window for dealing in the company's securities will remain closed from June 29, 2026, until further notice.