Manglam Global Corporations Limited has scheduled a board meeting for June 11, 2026, to consider the financial results for the financial year 2025-26. The meeting will be held at 04:00 p.m. at the company's registered office in Hoshangabad, Madhya Pradesh. The board will also deliberate on convening the 47th Annual General Meeting, which is proposed to be held on July 8, 2026, through video conferencing or other audio-visual means.

The agenda includes the approval of the annual report for FY26 and the appointment of Mr. Ravi Patidar and Associates, Practising Company Secretaries, as a scrutinizer for conducting e-voting. Furthermore, the directors will consider and approve an increase in the authorised share capital of the company, along with the consequent alteration of the capital clause of the Memorandum of Association. The board will also review material related party transaction limits with certain related parties.

The intimation was submitted to BSE Ltd. pursuant to Regulation 29(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by CS Nalini Kankani, Company Secretary and Compliance Officer.

Key Meeting Details

Manglam Global Corporations Limited has acquired 100% of Shri Krishnam Industries Private Limited for ₹63,00,000 in cash to expand its presence in the food processing industry. The acquisition, finalized on May 25, 2026, transforms Shri Krishnam Industries into a wholly owned subsidiary of Manglam Global Corporations Limited. This strategic move is intended to strengthen the company's operational capabilities in the agro-processing segment, specifically in pulse processing and dal milling.

The transaction involves the purchase of 6,30,000 equity shares with a face value of Rs.10 each. Shri Krishnam Industries, incorporated on February 25, 2020, is currently under expansion and is in the process of setting up a new project related to the manufacturing of dal. The target entity has not yet commenced business operations, and its turnover is not applicable.

Acquisition Details

The acquisition is classified as a related party transaction, with the promoter and promoter group holding an interest in the entity being acquired. The consideration for the transaction was settled entirely in cash. No specific governmental or regulatory approvals were required for the completion of this acquisition.

Strategic Rationale

The acquisition aligns with Manglam Global Corporations Limited's growth and expansion strategy. By integrating Shri Krishnam Industries, the company aims to leverage the target entity's upcoming manufacturing project to enhance its footprint in the agro-processing domain. The target company is registered with the Registrar of Companies, Gwalior, and operates within India.