Mangalam Global Enterprise has changed the designation of Mr. Chandragupt Prakash Mangal from Managing Director to Director (Non-Executive Non-Independent Director) with effect from the close of business hours on June 26, 2026. The decision was taken during a board meeting held on Friday, June 26, 2026. Mr. Mangal is the son of Mr. Vipin Prakash Mangal, Chairman and Director, and the younger brother of Mr. Chanakya Prakash Mangal, Managing Director. He holds a graduate degree in Supply Chain Management from Indiana University and is a CFA Level III candidate.

The board approved the convening of the 16th Annual General Meeting (AGM) on Monday, July 27, 2026, at 2:00 P.M. IST via Video Conferencing or Other Audio-Visual Means. The remote e-voting period will commence on July 23, 2026, at 9:00 AM and conclude on July 26, 2026, at 5:00 PM. Shareholders holding shares in physical or dematerialized form as of July 21, 2026, are eligible to vote.

Mangalam Global Enterprise Limited has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹0.01 per equity share. The dividend is for the financial year ended March 31, 2026, and applies to shares with a face value of ₹1 each. If declared at the AGM, the dividend will be paid on or before August 26, 2026.

The board also passed an enabling resolution for the conversion of outstanding secured or unsecured loans or debt into equity shares. This conversion is subject to the provisions of Section 62(3) of the Companies Act, 2013, and SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018, along with shareholder and regulatory approvals.

Key Board Decisions

Mangalam Global Enterprise Limited expanded its retail presence by inaugurating a new kiosk under its wellness brand, NEAT EVERYDAY, at Nexus Mall in Vastrapur, Ahmedabad, on June 24, 2026. This strategic addition to the company's existing retail outlets aims to enhance customer accessibility and brand visibility while supporting the long-term growth of the NEAT EVERYDAY segment.

The new kiosk offers a curated portfolio of products, including nutraceuticals, wellness items, beauty solutions, and personal care offerings. This expansion reflects the company's commitment to promoting holistic well-being through high-quality and innovative products. The move is expected to contribute significantly to the development of the company's wellness and beauty division.

Expansion Details

The inauguration at Nexus Mall marks a milestone in Mangalam Global Enterprise Limited's growth strategy. The kiosk is designed to improve the retail footprint and provide customers with direct access to the company's diverse product range.

The company submitted the disclosure to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Karansingh Imansingh Karki, Company Secretary & Compliance Officer, signed the filing on behalf of Mangalam Global Enterprise Limited.