Manglam Global Corporations Limited secured shareholder approval for all ten resolutions at its 47th Annual General Meeting (AGM) held on July 8, 2026, through Video Conferencing. The meeting saw the appointment of statutory auditors and an increase in authorised share capital, with all items receiving 100% of the valid votes cast. The remote e-voting facility was available from July 5, 2026, to July 7, 2026, and e-voting continued during the AGM until 30 minutes after the meeting concluded.

Key Resolutions

The shareholders adopted the audited financial statements for the year ended March 31, 2026. Mr. Rohit Agrawal, Director (DIN: 06531456), was re-appointed to the board after retiring by rotation. The company also approved an increase in authorised share capital and consequential amendments to the memorandum of association. Additionally, members approved the ratification of related party transactions with Shri Satguru Agromills Private Limited and other material related party transactions.

Auditor Appointments

The appointment of M/s. A K B Jain & Co. (FRN: 003904C) fills a casual vacancy caused by the resignation of the previous statutory auditors. The firm was appointed as statutory auditors for the company. Ravi Patidar & Associates, Practicing Company Secretaries, were reappointed as Secretarial Auditors for a period of five years starting from the financial year 2026-27.

Voting Summary

The scrutinizer for the e-voting process was Ravi Patidar & Associates (Membership No. A55749). The meeting concluded at 05:10 p.m. with the requisite quorum present.

Manglam Global Corporations Ltd has acquired a 100% stake in Manglam Food Products Private Limited for ₹6 crore, making it a wholly owned subsidiary. The transaction was completed through a cash consideration for 60,00,000 equity shares of ₹10 each. The acquisition, disclosed on July 1, 2026, adds a new vertical to the company focused on food processing and trading.

Manglam Food Products Private Limited was incorporated on March 24, 2026, following the conversion of the partnership firm M/s. Manglam Food Products into a private limited company. As a recently incorporated entity, the subsidiary does not have an independent operating history or turnover as of the disclosure date. The target company is classified as a related party, with the promoter and promoter group holding an interest in the entity.

The subsidiary is authorized to carry on the business of milling, processing, and trading rice, paddy, grains, cereals, pulses, flour, and spices. Its operations will include activities such as husking, polishing, grading, packing, storing, and importing these products. The company stated that this new business vertical will contribute to revenue recognition.

Acquisition Details

The company confirmed that no specific governmental or regulatory approvals were required for this acquisition. The filing was made to BSE Ltd. pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.