Mangalam Worldwide AGM set for July 30, 2026
Mangalam Worldwide Limited has scheduled its 30th Annual General Meeting for July 30, 2026, via video conferencing. The record date for dividend eligibility is July 23, 2026. The company reported strong FY 2025-26 results with consolidated PAT rising 69.83% to ₹5,014.32 Lakhs. Key resolutions include increasing borrowing limits to ₹2,500 crore and appointing a new statutory auditor.
*this image is generated using AI for illustrative purposes only.
Mangalam Worldwide Limited has scheduled its 30th Annual General Meeting (AGM) for Thursday, July 30, 2026, at 2:00 P.M. IST through video conferencing. The record date for determining eligibility for the final dividend and e-voting is Thursday, July 23, 2026. Remote e-voting will commence on July 27, 2026, and conclude on July 29, 2026. The meeting will cover the adoption of financial statements for the year ended March 31, 2026, and other routine and special business.
Financial Performance and Dividend
The company reported a robust financial performance for FY 2025-26, with consolidated total income rising to ₹1,21,498.82 Lakhs from ₹1,06,603.37 Lakhs in the previous year. Consolidated Profit After Tax (PAT) surged approximately 69.83% to ₹5,014.32 Lakhs, while standalone PAT increased by 70.14% to ₹5,004.70 Lakhs. The Board of Directors has recommended a final dividend of ₹0.30 per equity share of face value ₹10 each for FY 2025-26. If the proposed stock split from ₹10 to ₹1 per share is completed before payment, the dividend will be adjusted proportionally to ensure aggregate entitlement remains unchanged. The dividend is payable on or before August 29, 2026.
Corporate Actions and Resolutions
Shareholders will vote on several key resolutions. The Board has proposed the appointment of M/s. N.K. Aswani & Co. (FRN: 100738W) as statutory auditor for a term of five years, replacing the current auditor M/s. Keyur Shah & Co. Additionally, the AGM will seek ratification for the remuneration of ₹30,000 payable to M/s. V. M. Patel & Associates as Cost Auditor for the financial year ending March 31, 2027.
Special Business and Borrowing Limits
The notice includes special resolutions to significantly enhance the company's financial flexibility. Shareholders are asked to approve increasing the overall borrowing limits from ₹1,000 crore to ₹2,500 crore under Section 180(1)(c) of the Companies Act, 2013. Correspondingly, the company seeks approval to create charges on assets up to ₹2,500 crore under Section 180(1)(a). Another special resolution proposes authorizing the conversion of outstanding secured or unsecured loans and debt into equity shares, with a cap of ₹2,500 crore, subject to applicable regulations. Further resolutions seek approval to enhance limits for loans, investments, guarantees, and security under Sections 186 and 185 of the Companies Act, 2013, up to ₹2,500 crore.
Director Re-appointments
The agenda includes the re-appointment of Mr. Mohit Kailash Agrawal as Director, retiring by rotation. Ms. Pritu Gupta, an Independent Director, is proposed for re-appointment for a second term of five consecutive years effective February 21, 2027. The company has received necessary declarations and consents from both directors regarding their eligibility and independence.
Historical Stock Returns for Mangalam Worldwide
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.56% | -1.77% | -3.41% | +30.62% | -78.89% | -64.90% |
What specific strategic initiatives or acquisitions is Mangalam Worldwide planning that require the proposed 150% increase in borrowing limits?
How does the company plan to sustain the nearly 70% profit growth reported in FY 2025-26 amidst potential market volatility?
Under what circumstances does the company foresee converting the authorized ₹2,500 crore of debt into equity shares?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
