Manorama Industries Closes QIP, Allots 34.01 Lakh Shares At ₹1,470

2 July 2026

Manorama Industries Ltd.

Board approved closure of Qualified Institutions Placement (QIP), allocating 34,01,360 equity shares at ₹1,470 per share (4.99% discount to floor price), raising ~₹500 Cr.