Manglam Global Corporations Limited confirms non-applicability of SEBI circular on debt securities fund raising
Manglam Global Corporations Limited has submitted an initial disclosure to BSE Limited confirming that the company does not meet the criteria of 'Large Corporate' as defined under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, as amended and read with SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD1/P/CIR/2023/172 dated October 19, 2023, along with other applicable circulars. The disclosure, dated April 22, 2026, was submitted by CS Nalini Kankani, Company Secretary and Compliance Officer, and Aman Agrawal, Chief Financial Officer. According to Annexure A, the company reported NIL outstanding borrowing as on March 31, 2026, and stated that the highest credit rating and stock exchange for fine payment details were not applicable. The company confirmed that it does not fall under the framework requiring fund raising by issuance of debt securities by Large Entities identified as Large Corporates.

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Manglam Global Corporations Limited has submitted an initial disclosure to BSE Limited confirming that the company does not meet the criteria of 'Large Corporate' as defined under SEBI regulations governing fund raising by issuance of debt securities. The disclosure, dated April 22, 2026, references SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, as amended and read with SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD1/P/CIR/2023/172 dated October 19, 2023, along with SEBI Operational Circular dated August 10, 2021 and SEBI Circular dated April 13, 2022.
Key Details from Disclosure
The company confirmed that it does not meet the framework requirements for Large Entities identified as Large Corporates under the aforementioned SEBI circulars. The disclosure was submitted by CS Nalini Kankani, Company Secretary and Compliance Officer (Membership No.: A55497), and Aman Agrawal, Chief Financial Officer.
Financial Position as on March 31, 2026
| S.No. | Particulars Details | Details |
|---|---|---|
| 1. | Name of the company | Manglam Global Corporations Limited (Formerly known as Kshitij Investments Limited) |
| 2. | CIN | L10613MP1979PLC074323 |
| 3. | Outstanding borrowing of company as on 31st March, 2026 | NIL |
| 4. | Highest Credit Rating During the previous FY along with name of the Credit Rating Agency | Not Applicable |
| 5. | Name of Stock Exchange in which the fine shall be paid, in case of shortfall in the required borrowing under the framework | Not Applicable |
The company's registered office is located at Mangalwara Bazaar, next to Agrawal Readymade Stores, Piparia, Hoshangabad-461775, Madhya Pradesh, India. The company's website is https://manglamglobal.in . The disclosure was signed digitally on April 22, 2026, with CS Nalini Kankani signing at 21:24:08 +05'30' and CFO Aman Agrawal signing at 22:47:09 +05'30'.
Historical Stock Returns for Manglam Global Corporations
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +27.31% | +27.31% | +27.31% | +33.62% |
What strategic initiatives might Manglam Global Corporations pursue to scale up operations and potentially qualify as a 'Large Corporate' in future years?
How could the company's zero borrowing status impact its ability to fund expansion plans or capitalize on growth opportunities?
Will SEBI's regulatory framework changes for large corporates create competitive advantages for smaller entities like Manglam Global in debt market access?































