Mangalam Alloys Limited has appointed Mr. Jitendrakumar Hiralal Kalal as its Company Secretary and Compliance Officer effective June 23, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. This decision reinforces the company's corporate governance and compliance framework.

The disclosure was submitted to the National Stock Exchange of India Ltd. pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Kalal is an Associate Member of the Institute of Company Secretaries of India (ACS: 42407). He brings expertise in secretarial compliances, corporate governance, and business management.

Appointment Details

The following table outlines the key details of the appointment:

The filing was signed by Tushar Uttamchand Mehta, Managing Director of Mangalam Alloys Limited. The company is registered at Plot No. 3123-3126, GIDC Phase III, Chhatral Dist., Gandhinagar, Gujarat.

Mangalam Alloys Limited has disclosed to the National Stock Exchange of India Limited that its promoters and promoter group have not created any new encumbrances on their shareholdings during the financial year ended March 31, 2026. The filing, submitted by Managing Director Tushar Uttamchand Mehta, confirms that apart from previously disclosed charges, the promoter group has maintained its holdings without additional leverage. This declaration is crucial for investors as it indicates the stability of the promoter's stake against the company's equity, reducing the risk of pledged shares impacting market liquidity.

The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires listed companies to provide yearly updates on the encumbrance status of shares held by promoters. The company submitted individual declarations from each promoter and promoter group member to the exchange and its audit committee.

Tushar Uttamchand Mehta, a promoter and Managing Director, declared a holding of 35,34,747 shares as of March 31, 2026, with no new encumbrances. Similarly, promoter Uttamchand Chandanmal Mehta reported holding 36,46,920 shares, also free of new encumbrances. Meghjyoti Impex Private Limited, another promoter, stated it holds 32,15,160 shares with no fresh encumbrances during the year.

Members of the promoter group also provided their respective declarations. Megha Tushar Mehta holds 8,06,400 shares, while Tirth Uttam Mehta holds 32,880 shares. Unison Forgings Private Limited reported a smaller holding of 795 shares. All three entities confirmed they did not create any encumbrance on their shares directly or indirectly during FY26.

However, Shelja Finlease Pvt Ltd, part of the promoter group, disclosed a different status. The entity confirmed holding 7,96,080 equity shares as of March 31, 2026, but stated that this entire shareholding stands encumbered. The company noted that details of this encumbrance had been previously disclosed to the stock exchanges in accordance with applicable regulations.

Shareholding and Encumbrance Status as of March 31, 2026