Mangalam Global Enterprise opens new NEAT EVERYDAY store in Ahmedabad

scanx
Reviewed by
Shriram SScanX News Team
Key Highlights
  • Inaugurated new NEAT EVERYDAY retail store in Ahmedabad on October 13, 2026
  • Located at Shilp Paradise, Bodakdev, expanding existing retail network
  • Offers curated nutraceutical, wellness, beauty, and personal care products
  • Filed disclosure under Regulation 30 of SEBI LODR Regulations, 2015
powered bylight_fuzz_icon
53427544

*this image is generated using AI for illustrative purposes only.

Mangalam Global Enterprise Limited inaugurated a new retail store under its wellness brand NEAT EVERYDAY in Ahmedabad, Gujarat, on October 13, 2026. The opening marks a significant milestone in the company's expansion strategy for its nutraceutical and wellness division.

The new outlet is located at Shop No. 12, Shilp Paradise, Opp. Times Square 2, Off SBR, Bodakdev, Ahmedabad. It joins the company's existing network of retail stores, aiming to enhance customer accessibility to its products and services.

Product Range and Brand Strategy

The NEAT EVERYDAY store offers a curated selection of nutraceutical, wellness, beauty, and personal care products. This initiative reflects the company's commitment to promoting holistic well-being through high-quality and trusted offerings.

The expansion is expected to further strengthen Mangalam Global's retail footprint. By increasing physical presence in key markets like Ahmedabad, the company seeks to support the long-term growth and development of the NEAT EVERYDAY brand.

Regulatory Disclosure

The company filed this disclosure with the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms the operational status of the new store as of the inauguration date.

Historical Stock Returns for Mangalam Global Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
+0.57%+0.57%+0.13%+32.44%-5.92%+26.23%

How does the revenue contribution from the new Ahmedabad store compare to Mangalam Global's existing retail outlets in other regions?

What specific expansion targets has management set for the NEAT EVERYDAY brand's physical footprint over the next fiscal year?

How will this retail expansion impact Mangalam Global's overall operating margins given the rising costs of real estate and staffing in Gujarat?

Mangalam Global Enterprise
View Company Insights
View All News
like16
dislike

Mangalam Global shareholders approve all four postal ballot resolutions

scanx
Reviewed by
Riya DScanX News Team
Key Highlights
  • All four postal ballot resolutions were approved by shareholders
  • Ramesh Kumar Agrawal and Purvi Jayendra Bhavsar appointed as independent directors
  • Remuneration for Tanisha Mangal and Honey Mangal approved via ordinary resolution
  • Voting concluded on October 11, 2026, with 22,673 shareholders on record date
powered bylight_fuzz_icon
53344175

*this image is generated using AI for illustrative purposes only.

Mangalam Global Enterprise Limited announced that its shareholders have duly approved all four resolutions proposed through a postal ballot concluded on October 11, 2026. The approvals cover the appointment of two new independent directors and remuneration for two key office holders.

The voting results were declared following the submission of the Scrutinizer’s report to Managing Director Chanakya Prakash Mangal. The process was conducted under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with remote e-voting facilitated by MUFG Intime India Private Limited via the InstaVote platform.

Resolutions approved by shareholders

All four resolutions passed with the requisite majority. These included special resolutions for the appointment of Non-Executive and Independent Directors and ordinary resolutions for remuneration approvals.

Resolution Description Type Status
1 Appointment of Ramesh Kumar Agrawal as Non-Executive and Independent Director Special Approved
2 Appointment of Purvi Jayendra Bhavsar as Non-Executive and Independent Director Special Approved
3 Approval for payment of Remuneration to Tanisha Mangal Ordinary Approved
4 Approval for payment of Remuneration to Honey Mangal Ordinary Approved

Voting process details

Mr. Rajesh Parekh, Partner at M/s. RPSS & Co., served as the Scrutinizer for the process. He was appointed by the Board to ensure a fair and transparent conduct of the ballot and e-voting. The e-voting window opened on September 12, 2026, at 9:00 am and closed on October 11, 2026, at 5:00 pm.

The notice for the postal ballot was circulated electronically to members whose names appeared in the Register of Members or Record of Depositories as of September 4, 2026. The total number of shareholders on the record date stood at 22,673. The final results and the scrutinizer’s report have been intimated to both BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Mangalam Global Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
+0.57%+0.57%+0.13%+32.44%-5.92%+26.23%

How might the appointment of Ramesh Kumar Agrawal and Purvi Jayendra Bhavsar influence Mangalam Global's strategic direction and corporate governance standards in the coming fiscal year?

What specific operational or expansion plans are expected to be prioritized by the new board composition, given the recent approval of key office holder remuneration?

Will the increased shareholder participation (22,673 holders) signal a shift in investor sentiment or ownership concentration that could impact future capital raising activities?

Mangalam Global Enterprise
View Company Insights
View All News
like18
dislike

More News on Mangalam Global Enterprise

1 Year Returns:-5.92%