Aastamangalam Finance Limited announced that it has issued 5,250,000 shares at an face value of INR 10 per share (including premium of INR 30/-) for the gross proceeds of INR 210,000,000 on January 18, 2023 for cash to Promoters and Non-Promoters on preferential basis in accordance with applicable provisions of the Companies Act, 2013 The transaction has been approved by the board of directors of the company.