Mangalam Global Enterprise Limited submitted the summary of proceedings from its postal ballot concluded on October 11, 2026. The filing, made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, covers resolutions on director appointments and remuneration.

The postal ballot was initiated following a Board of Directors meeting held on September 8, 2026. The notice was circulated electronically to members whose names appeared in the Register of Members or Record of Depositories as of September 4, 2026. Remote e-voting was facilitated through MUFG Intime India Private Limited via the InstaVote platform.

Resolutions up for approval

Shareholders voted on four specific resolutions, ranging from special resolutions for independent director appointments to ordinary resolutions for remuneration approvals.

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 Scrutinizer’s report is to be submitted to Chanakya Prakash Mangal, Managing Director, in the presence of Karansingh I. Karki, Company Secretary. The company will subsequently intimate the final results and the scrutinizer’s report to both BSE Limited and National Stock Exchange of India Limited.

Mangalam Global Enterprise Limited promoter group entity Specific Worldwide LLP sold 20,80,600 equity shares in the company through an open market sale on September 25, 2026. This transaction reduced the promoter group's holding by 0.631% of the total share capital.

The disposal was executed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited on September 28, 2026. This follows previous sales of 16,41,847 shares on September 23 and 32,00,000 shares on September 24, 2026.

Stakeholding Details

Prior to this latest sale, Specific Worldwide LLP held 2,28,90,037 equity shares, representing 6.946% of the company's total shareholding. Following the disposal of 20,80,600 shares, the aggregate holding stands at 2,08,09,437 equity shares, or 6.314% of the total share capital.

Transaction Specifics

The shares sold carried voting rights and were disposed of via an open market transaction. The disclosure confirms that no shares were held under encumbrance (pledge, lien, or non-disposal undertaking) either before or after the transaction. Additionally, there were no warrants, convertible securities, or other instruments entitling the holder to receive shares that were affected by this sale. The designated partner signing the document is Vipin Prakash Mangal.

What the Numbers Show

The promoter group has executed three consecutive open market sales within three days, totaling 69,22,447 shares sold across September 23, 24, and 25, 2026. The cumulative reduction in stake over these three transactions amounts to approximately 2.10% of the total share capital. The post-sale holding of 6.314% remains above the 5% threshold, keeping the entity within the promoter group definition for regulatory purposes.