Mangalam Global Enterprise accepted the resignation of Anilkumar Shyamlal Agrawal as non-executive independent director effective August 24, 2026. The departure follows health-related concerns cited by the outgoing director.

Agrawal, identified by DIN 00528512, ceased his duties and responsibilities with the company at the close of business on August 24, 2026. Consequently, he also stepped down from his roles as chairperson and member of various board committees within Mangalam Global Enterprise.

The board extended its gratitude for his professional services during his tenure. The resignation was processed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profile and Other Roles

Agrawal held significant positions in other listed entities prior to this resignation. He served as an independent director at Mangalam Worldwide Limited. Additionally, he chaired the Audit Committee and the Nomination and Remuneration Committee at that entity while serving as a member of its Stakeholder's Relationship Committee.

Regulatory Disclosures

The company confirmed receipt of a statement from Agrawal asserting that no material reasons other than health issues influenced his decision to resign. This confirmation aligns with the disclosure requirements under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Karansingh I. Karki, Company Secretary and Compliance Officer of Mangalam Global Enterprise, signed the intimation filed with both the National Stock Exchange of India Limited and BSE Limited.

Mangalam Global Enterprise Limited has appointed Darshak Mehta as the Chief Executive Officer for its NEAT EVERYDAY brand, with effect from September 1, 2026. The company’s Board of Directors approved the appointment during its meeting held on August 20, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The decision follows a recommendation from the Nomination and Remuneration Committee. Mehta joins the organization under the category of Senior Management Personnel (SMP). He currently holds no shareholding in the company and is not related to any promoters or board members.

Leadership Profile

Mehta brings extensive experience in retail and operational management to the role. His career spans over 31 years across large-format retail, cash and carry, mall leasing, food services, hospitality, and B2B operations.

Key highlights of his professional background include:

• Reliance Retail: Spent the major part of his career here, rising from Store Manager of its first hypermarket in Gujarat to Vice President and Business Head. In this capacity, he led operations for 170 Metro M2 (cash and carry) stores, along with mall leasing and food services for Reliance Malls.
• Earlier Roles: Held leadership positions in family entertainment centre development (Fun Republic/E-City Entertainment), hotel operations (Hyatt Regency, Holiday Inn, Inder Residency), and general management in BPO/back-office operations.

Mehta was also recognized by the Comité Interprofessionnel du Vin de Champagne in 1986 and won the All Ireland Management Game in Dublin in 1985.

Regulatory Disclosures

The appointment complies with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated July 11, 2023, updated on January 30, 2026. The Board meeting commenced at 3:00 pm and concluded at 3:35 pm. The company confirmed that Mehta does not hold directorships in any other listed entities.