Mega Nirman Board Approves Fresh ₹50 Crore Rights Issue Plan

Board approved fresh rights issue of up to 50 Cr to existing shareholders and appointed Mr. Ishaan as additional non-executive director, seeking member approval via postal ballot. Revives recently withdrawn rights plan at same size after objects review; continues repeated dilution pattern. Appointments advance board rebuild after recent resignations and WTD exit. Price, ratio, record date, objects and use of proceeds not disclosed, to be set later; needs member and regulatory nods. E-voting Oct 8-Nov 6, results by Nov 10. Size large vs tiny scale.