Board of Man Industries (India) approves allotment of 25 lakh shares on conversion of warrants

The Board of Man Industries (India) at its meeting held on 28 May 2025 has approved the allotment of 25,00,000 Equity Shares of face value Rs.5/- each, fully paid-up, upon exercise of the conversion option by Man Finance, a Promoter Group entity, in respect of 25,00,000 Warrants allotted to them by the Board of Directors on 01 December 2023.