MAHAN INDUSTRIES LTD.

Mahan Industries Limited announced that its Board of Directors met on August 17, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board also accepted the resignation of Mr. Yash Kamleshkumar Shah from his position as Non-Executive (Independent) Director, effective August 8, 2026. The company has submitted the necessary disclosures regarding the director's resignation. The financial results were reviewed by SDP M & Co., Chartered Accountants.

Mahan Industries Limited announced that its Board of Directors met on August 17, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board also accepted the resignation of Mr. Yash Kamleshkumar Shah from his position as Non-Executive (Independent) Director, effective August 8, 2026. The company has submitted the necessary disclosures regarding the director's resignation. The financial results were reviewed by SDP & Co., Chartered Accountants.

Mahan Industries Ltd held an Extraordinary General Meeting (EGM) on August 15, 2026, to approve the issue of equity shares on a preferential basis. The voting results, along with the Scrutinizer's Report, were filed with the BSE. The resolution to issue equity shares on a preferential basis was passed. The meeting was attended by 1 promoter and 33 public shareholders. The total votes polled in favour of the resolution were 900,244 out of 4,500,000 outstanding shares, representing 20.0054% of the total shares.

Mahan Industries Ltd has announced a delay in submitting its Unaudited Financial Results for the quarter ended June 30, 2026. The company cited unforeseen circumstances, including extensive travel commitments of Key Managerial Personnel and Directors for project execution, monitoring, and realization activities, as the reason for the delay. The Board Meeting to consider and approve these results is now scheduled for August 17, 2026. Both the company and its statutory auditors are working to finalize the results as soon as possible.

Mahan Industries Ltd has announced a postponement of its Board of Directors meeting, originally scheduled for August 14, 2026, to August 18, 2026. The meeting will inter alia consider and approve the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026, and acknowledge the resignation of Non-Executive Independent Director Mr. Yash Kamleshkumar Shah. The company also informed about the closure of the Trading Window for its directors, designated persons, and their immediate relatives from July 1, 2026, until 48 hours after the financial results are made public.

Mahan Industries Ltd has announced a Board of Directors meeting scheduled for August 14, 2026. The primary agenda is to consider and approve the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026. Additionally, the board will acknowledge the resignation of Non-Executive Independent Director Mr. Yash Kamleshkumar Shah, effective August 8, 2026. The company has also informed about the closure of the trading window for its equity shares from July 1, 2026, until 48 hours after the financial results are made public, in line with its insider trading prevention code.

Mahan Industries Ltd has announced the resignation of Mr. Yash Kamleshkumar Shah from his position as a Non-Executive Independent Director. The resignation is effective from August 8, 2026. The company's Board of Directors has acknowledged his resignation and expressed appreciation for his contributions. Mr. Shah cited personal commitments and pre-occupation as reasons for his departure, confirming no other material reasons exist. The filing complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mahan Industries Ltd has issued a corrigendum to its Notice of Extra Ordinary General Meeting (EGM) scheduled for August 15, 2026. This amendment is in response to a query from BSE Limited seeking clarifications and additional disclosures regarding a proposed preferential issue of Equity Shares and Fully Convertible Warrants. The corrigendum provides revised details for the explanatory statement concerning the allotment to proposed promoters and non-promoters, including specific numbers of shares and warrants, and post-issue shareholding percentages. All other terms of the original EGM notice remain unchanged. The corrigendum is available on the company's website and will be circulated to members.

Mahan Industries Ltd has launched 'Credit Mines', a comprehensive digital lending platform offering personal loans and other credit products. The platform operates entirely digitally, requiring no physical presence and using cashless transactions. It leverages India's public digital infrastructure, including digital KYC, video KYC, account aggregator framework, and e-signing, along with data analytics for credit assessment. This strategic expansion into digital financial services is expected to contribute to the company's future growth by diversifying revenue streams and expanding its customer base. The lending operations will comply with RBI's Guidelines on Digital Lending.

Aftertrade Broking Pvt Ltd, acting as the Manager to the Offer, has submitted a Draft Letter of Offer to BSE for the public shareholders of Mahan Industries Ltd. The offer is made by Mr. Nishil Sanjaykumar Shah and Mr. Niranjan Navratanmal Jain, who collectively aim to acquire up to 20,02,000 equity shares, representing 26% of the total expanded voting equity share capital. The acquisition is proposed at a price of ₹12 per equity share, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This open offer signifies a substantial acquisition accompanied by a change in control and management of the Target Company. The offer is not conditional on minimum acceptance and is not a competing offer.