FilingReader Intelligence

Man Industries raises ₹255 crores through share allotment

July 28, 2025 at 12:29 PM UTCBy FilingReader AI

Man Industries (India) Ltd. raised ₹255 crores through a preferential allotment of 7.77 million equity shares to non-promoter investors at ₹328 per share.

The proceeds will fund ongoing expansions in Jammu and Saudi Arabia, strengthen the balance sheet and support working capital requirements.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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