| <p>Mangal Electrical Industries Limited informed BSE Limited and National Stock Exchange of India Limited that there was no deviation or variation in the utilization of proceeds raised through its Initial Public Offer (IPO) for the quarter ended September 30, 2026, according to a statement filed under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had raised Rs 40,000 lakhs through the IPO on August 25, 2025, and CARE Ratings Limited is the monitoring agency for the funds.</p> |