Mangal Credit And Fincorp Fund Raise of ₹45 Cr
Mangal Credit and Fincorp approved a Rs.45 Crore preferential issue of 2,500,000 convertible warrants to promoters. The move strengthens capital reserves for future growth.
- Value
- ₹45.00 Cr
ALFA Filings
Every announcement, straight from the exchange
Every fund raise announcement on NSE and BSE that our alert engine sent, newest first.
Time
1,972 announcements with these filters
Mangal Credit and Fincorp approved a Rs.45 Crore preferential issue of 2,500,000 convertible warrants to promoters. The move strengthens capital reserves for future growth.
Vardhman Polytex Limited reported nil deviation in the utilization of ₹22.71 Crore raised via preferential warrant conversion. The Audit Committee has reviewed and confirmed the status.
GSP Crop Science Limited confirmed zero deviation in utilizing ₹400 Crore raised via its recent public issue. The Audit Committee reviewed and approved this statement.
Vikram Kamats Hospitality confirmed zero deviation in utilizing funds raised via equity shares and warrants. The Audit Committee verified adherence to original placement objects.
Amanta Healthcare Limited confirmed zero deviation in utilizing ₹126 Crore raised via its IPO. Funds were deployed towards capital expenditure and general corporate purposes.
Desh Rakshak Aushdhalaya Limited confirmed zero deviation in utilizing ₹2.77 Crore raised through a preferential issue. Funds were deployed towards working capital and general corporate purposes.
AJC Jewel Manufacturers reported zero deviation in the utilisation of ₹15.39 Crore raised through its public issue. Funds were deployed for equipment, debt repayment, and corporate purposes.
Viram Suvarn Limited confirmed zero deviation in utilizing ₹30.25 Crore raised through its rights issue. Funds were deployed for working capital and general corporate purposes.
Invicta Diagnostic Limited reported zero deviation in the utilization of ₹28.12 Crore IPO proceeds. The Audit Committee reviewed and confirmed the deployment status.
Sanstar Limited executed a Share Subscription Agreement with Corn Products Development Inc. for a preferential equity issue. The deal is priced at Rs. 110 per share.
Shri Kanha Stainless confirmed zero deviation in utilizing Rs. 46.28 Crore raised through its IPO. Funds were deployed for manufacturing upgrades and working capital requirements.
Bazel International Ltd confirmed zero deviation in utilizing funds raised through its preferential issue. The company maintains full compliance with its stated objects for the period.
Sanstar Limited approved a ₹198.27 Crore preferential issue to Corn Products Development Inc. The issuance of 1.80 Crore shares awaits shareholder approval on June 20.
Bizotic Commercial Limited disclosed the utilisation of ₹31.32 Crore raised through a preferential issue. The funds were deployed for working capital requirements as per approved objects.
Patel Retail Limited reported zero deviation in the utilization of ₹204.39 Crore raised through its IPO and Pre-IPO placement. Funds are being deployed as per objects.
Shree Rajasthan Syntex Ltd reported no deviation in the utilization of ₹10.77 Crore raised through preferential allotment. Funds were deployed for debt repayment and capital expenditure.
AHAsolar Technologies Limited reported zero deviation in the utilization of its ₹12.85 Crore IPO proceeds. Funds were deployed across solar projects, EV infrastructure, and working capital.
Piccadily Agro Industries Limited confirmed nil deviation in utilizing ₹50 Crore raised through preferential allotment. Funds were deployed towards business expansion, working capital, and general corporate purposes.
GTV Engineering received BSE in-principle approval for a ₹23.51 Crore preferential share swap. The transaction will consolidate Chirchind Hydro Power as a subsidiary.
Medicamen Organics Limited is undertaking a ₹13.65 Crore preferential issue of equity shares and warrants. The capital raise includes a loan conversion by a promoter.
Spectrum Electrical Industries Ltd reported zero deviation in the utilization of ₹36.55 Crore raised via QIP. Funds were deployed for capital expenditure and working capital requirements.
Gabriel India Limited issued 6,63,919 equity shares to Anfilco Limited following a court-approved Scheme of Arrangement. This corporate restructuring increases the promoter group's aggregate shareholding to 63.55%.
Popular Foundations Ltd reported zero deviation in utilizing ₹19.87 Crore IPO proceeds for the period ended March 2026. All funds were deployed per stated objects.
EFC (I) Limited reported no deviation in utilizing Rs. 242.44 Crore raised through preferential issues. The Audit Committee has reviewed and confirmed these findings.
Sattrix Information Security Ltd reported a variation in utilizing its ₹21.78 Crore IPO proceeds. The company transitioned from in-house technology development to outsourcing to optimize resources.
Greenleaf Envirotech Limited confirmed zero deviation in utilizing its ₹17.82 Crore IPO proceeds for the half-year ended March 2026. The funds support capital expenditure and debt repayment.
Epic Energy Limited successfully utilised ₹4.75 Crore raised through a preferential warrant issue. The Audit Committee confirmed no deviations from the stated corporate purposes.
Zeal Aqua Limited availed Rs.10 Crore credit facilities from Bank of India under the Emergency Credit Line Guarantee Scheme. The funds will support working capital requirements.
ROX Hi-Tech Limited reported zero deviation in the utilization of ₹3.75 Crore raised through warrant conversions. Funds were fully deployed toward working capital requirements.
Raminfo Limited confirmed zero deviation in utilizing ₹30.51 Crore raised via preferential issues. The funds were deployed for project requirements and working capital.