Mangalam Global Enterprise Limited appointed Darshak Mehta as Chief Executive Officer for its NEAT Everyday brand, effective September 1, 2026.

The company disclosed the appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move aims to strengthen leadership within the specialized nutraceuticals and wellness division.

Leadership Change

Mehta joins the senior management team to support the next phase of expansion for NEAT Everyday. The brand focuses on building a differentiated and scalable consumer wellness platform. His role involves deepening market presence and strengthening execution across channels.

The appointment leverages Mehta’s extensive background in large-scale retail operations. He holds a Post Graduate Diploma in Business Administration (Finance) from Symbiosis Institute, Pune. His academic credentials also include a Hotel Management degree from Shannon College of Hotel Management, Ireland.

Professional Background

Mehta brings over 31 years of experience across retail, cash and carry, hospitality, food services, and B2B operations. A significant portion of his career was spent with Reliance Retail. He rose from Store Manager to Vice President and Business Head at Reliance, where he led operations for 170 Metro M2 stores.

His expertise spans retail expansion, multi-site operations, and business management. He also held leadership roles in entertainment, hospitality, and BPO operations. Mehta was recognized by the Comité Interprofessionnel du Vin de Champagne and won the All-Ireland Management Game in Dublin.

Strategic Focus

Commenting on the appointment, Mehta stated he is honored to join NEAT Everyday at an exciting stage of its growth journey. He highlighted the brand’s strong foundation backed by Group Mangalam’s legacy and values.

His focus will be on strengthening retail and consumer strategy while enhancing operational capabilities. He aims to create a differentiated wellness platform that delivers meaningful value to consumers. The goal is to establish NEAT Everyday as a trusted name in the wellness space.

NEAT Everyday operates as the specialized nutraceuticals and wellness division of Mangalam Global Enterprise Limited. The brand blends legacy sourcing expertise with modern biomedical research. It offers premium, plant-based self-care essentials including cold-pressed oils, supplements, gummies, and skincare solutions.

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.