Manorama Industries Approves Share Capital Increase for Subsidiaries

Manorama Industries Ltd announced that its Board of Directors, in a meeting held on September 22, 2026, approved an increase in share capital for three of its wholly-owned subsidiaries. Manorama Africa Benin (Benin), Manorama Savanna Togo Sarl (Togo), and Manorama Africa Savanna (Ivory Coast) will each see their share capital increased by up to ₹10 crore. These infusions are intended for working capital requirements, general corporate purposes, and to meet operational needs of the subsidiaries. The transactions are considered related party transactions but are conducted on an arm's-length basis.