Mangal Electrical Industries Limited has secured a significant renewal of its manufacturer approval from Power Grid Corporation of India Limited (PGCIL), reinforcing its position in the power transmission equipment sector. The accreditation covers Prime CRGO Coils Slitting and Laminations Cutting for Transformers & Reactors up to 765 kV class for POWERGRID projects.

Accreditation Details

The renewal was granted through PGCIL's letter ref.no. CC/QA&I/2026/Letter/172 dated April 16, 2026. The accreditation represents a Manufacturer Approval validity Extension, allowing the company to continue supplying critical components for high-voltage power transmission infrastructure.

Strategic Impact

According to the company's disclosure, the renewal of PGCIL 765 kV class approval reaffirms Mangal Electrical's strong position in the large power transformer segment. This accreditation enables the company to participate in critical power infrastructure projects across India's transmission network.

Compliance and Quality Standards

The approval comes with stringent quality requirements. The company must ensure that all supplied items meet POWERGRID Specifications, approved drawings, data sheets, and relevant IEC/IS standards. PGCIL retains the right to increase inspection involvement or withdraw approval if any abnormalities are detected.

Future Considerations

PGCIL has specified that further approval renewals will be considered based on performance, quality, and supplies during the current approval period. The company must submit renewal requests at least one month before the current approval expires on April 22, 2029.

The accreditation strengthens Mangal Electrical's credentials as an approved supplier for India's power transmission infrastructure, particularly for high-voltage applications up to 765 kV class equipment.

Mangal electrical industries Limited has submitted its quarterly compliance certificate under SEBI regulations for the fourth quarter of fiscal year 2026. The submission, made on April 08, 2026, demonstrates the company's adherence to regulatory requirements for securities dematerialization processes.

Regulatory Compliance Submission

The company submitted the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was received from Bigshare Services Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Stock Exchange Communications

The submission was made to both major Indian stock exchanges where the company's shares are listed. Company Secretary and Compliance Officer Naresh Kumar Sharma (Membership No. A12005) signed and submitted the documents to BSE Limited and National Stock Exchange of India Limited.

Dematerialization Compliance Confirmation

Bigshare Services Private Limited confirmed comprehensive compliance with dematerialization requirements in their certificate dated April 08, 2026. The registrar verified that all securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories.

Key compliance aspects confirmed include:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities comprised in certificates have been listed on stock exchanges
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members within the prescribed 15-day period

Corporate Information

Mangal Electrical Industries Limited, formerly known as Mangal Electrical Industries Private Limited, operates under CIN L31909RJ2008PLC026255. The company's registered office is located at C-61, C-61 (A&B), Road No. 1-C, V.K.I. Area, Jaipur 302 013, Rajasthan, India. The company trades on BSE with scrip code 544492 and on NSE with symbol MEIL.