Mangalam Industrial Finance Ltd

Mangalam Industrial Finance Ltd has announced the closure of its trading window for all promoters, directors, designated persons, and their immediate relatives. The window will be closed from July 1, 2026, until 48 hours after the declaration of the un-audited standalone financial results for the first quarter and three months ending June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, aimed at preventing insider trading.

Mangalam Industrial Finance Ltd announced the resignation of its statutory auditors, M/s Mahesh Udhwani & Associates, effective May 14, 2026. The auditors cited inability to discharge professional responsibilities due to non-receipt of timely information and documents. The company acknowledged an administrative oversight for the delayed disclosure and will appoint a new auditor to fill the casual vacancy.

Mr. Miteshkumar Ghanshyambhai Rana has resigned as Non-Executive Independent Director of Mangalam Industrial Finance Ltd, effective June 30, 2026. The resignation is attributed to personal commitments and increased professional engagements, preventing him from dedicating adequate time to the company. He has confirmed no other material reasons exist for his departure. Mr. Rana will also step down from his roles in various board committees, including Audit, Stakeholders Relationship, Nomination and Remuneration, Rights Issue, and Risk Management committees. The company expressed appreciation for his contributions.

Mangalam Industrial Finance Ltd has appointed M/s. Upadhyay & Company LLP, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. The appointment was made during the Board of Directors meeting held on May 29, 2026. This decision complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section 138 of the Companies Act, 2013.

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.

Mangalam Industrial Finance Ltd's board approved the audited standalone financial results for Q4 and FY26 ended March 31, 2026. The statutory auditors, M/S. Mahesh Udhwani & Associates, issued an audit report with a qualified opinion. Additionally, M/s. Upadhyay & Company LLP was appointed as the Internal Auditors for FY 2026-27 based on the Audit Committee's recommendation. The board meeting concluded at 20:30 P.M. (IST).

Mangalam Industrial Finance Ltd. has released its audited standalone financial results for the fourth quarter and year ended March 31, 2026. The board of directors approved the results on May 29, 2026. The auditor's report contains a qualified opinion due to unaudited related party transactions. The meeting concluded at 20:30 P.M. (IST).

Mangalam Industrial Finance Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone financial results for Q4 and the year ended March 31, 2026. The board will also consider the appointment of internal auditors for the financial year 2026-27 and any other business deemed fit. The trading window, which closed on April 1, 2026, will remain closed until 48 hours after the publication of the audited financial results, concluding on May 31, 2026.

DY Captive Projects LLP has disclosed the sale of 53,38,272 equity shares of Mangalam Industrial Finance Ltd. The shares were sold in two tranches via open market transactions on April 13, 2026 (25,87,606 shares) and April 15, 2026 (27,50,666 shares). This sale reduced DY Captive Projects LLP's holding in Mangalam Industrial Finance from 76,429,374 shares (5.36%) to 71,091,102 shares (4.99%), representing a 0.37% decrease in their total shareholding. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

DY Captive Projects LLP has disclosed the sale of 53,38,272 equity shares of Mangalam Industrial Finance Ltd through open market transactions. The sales occurred on April 13, 2026 (25,87,606 shares) and April 15, 2026 (27,50,666 shares). Prior to these sales, DY Captive Projects LLP held 5.36% of the company's shares. Following the disposal, their shareholding has reduced by 0.37% to 4.99%, totaling 71,091,102 shares. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.