Mangalam Global Enterprise board to consider loan conversion
Mangalam Global Enterprise Limited has called a board meeting for June 26, 2026, to consider an enabling resolution for converting outstanding secured and unsecured loans into equity shares under Section 62(3) of the Companies Act, 2013. The proposal is subject to shareholder and other regulatory approvals.

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Mangalam Global Enterprise Limited has scheduled a board meeting on June 26, 2026, to consider converting outstanding secured and unsecured loans into equity shares, a move that could alter the company's capital structure. The board will discuss an enabling resolution pursuant to Section 62(3) of the Companies Act, 2013, and SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018. This conversion requires approval from shareholders and other regulatory bodies.
The meeting will be held pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agenda includes the consideration of this specific resolution and any other business matters that may arise before the board.
Key Agenda Items
| Agenda Item | Details |
|---|---|
| Loan Conversion | Consider enabling resolution for conversion of secured/unsecured loans/debt into equity shares |
| Regulatory Basis | Section 62(3) of the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018 |
| Approvals Required | Shareholder approval and other regulatory consents |
The company secretary, Karansingh I. Karki, confirmed the intimation to the exchanges. The filing was submitted to the National Stock Exchange of India Limited and BSE Limited on June 23, 2026.
Historical Stock Returns for Mangalam Worldwide
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.28% | +1.33% | -1.18% | +37.96% | +132.10% | +266.65% |
How will the conversion of debt to equity impact the company's earnings per share and existing shareholder dilution?
What is the current debt-to-equity ratio, and how significantly will this conversion improve the company's leverage position?
Who are the primary lenders holding the secured and unsecured loans, and will they gain significant control over the company post-conversion?































