MM Forgings Plans ₹6 Billion Fundraising Via Qualified Institutional Placement
Published on: March 25, 2026, 11:45 a.m. | Source: scanx.trade
MM Forgings Limited has announced a significant fundraising initiative of up to ₹6 billion through Qualified Institutional Placement (QIP). The company's board meeting scheduled for March 25, 2026, will consider this fund raising along with authorized share capital increase and necessary alterations to corporate documents, requiring shareholder approval through Extra-Ordinary General Meeting or postal ballot.
