Manglam Global Corporations has significantly expanded its borrowing capacity, with the Board of Directors approving an enhancement of its Cash Credit and Working Capital facility from ₹4.80 crore to ₹20.00 crore.

The decision, taken during a meeting on August 26, 2026, signals the company’s intent to scale operations or manage increased working capital requirements through State Bank of India, SME Branch, Pipariya. The board authorized any director to execute the necessary agreements for this enhanced limit.

Corporate Governance Changes

The board addressed key administrative roles within the organization:

• Resignation: Mrs. Nalini Kankani resigned as Company Secretary and Compliance Officer effective September 1, 2026, citing personal reasons.
• Appointment: Mr. Dalchand Raghuvanshi, an Associate Member of the Institute of Company Secretaries of India (Membership No. A81469), was appointed as Company Secretary & Compliance Officer designated as Key Managerial Personnel. This appointment is effective September 1, 2026, on the recommendation of the Nomination and Remuneration Committee.

Additionally, the remuneration of Mr. Aman Agrawal, Chief Financial Officer, was revised with effect from September 1, 2026, subject to applicable statutory provisions.

Strategic Investments

The board approved an investment of up to ₹2.00 crore in Shri Krishnam Industries Private Limited, a wholly owned subsidiary. This capital infusion will be executed via subscription to or acquisition of equity shares, pending compliance with relevant regulatory requirements.

The meeting commenced at 4:00 pm and concluded at 7:30 pm.

Manglam Global Corporations has accepted the resignation of Nalini Kankani as its Company Secretary and Compliance Officer. The departure is effective from September 1, 2026. The company cited personal reasons for the exit.

The Board of Directors approved the resignation following a letter dated August 26, 2026. There are no material reasons for the resignation other than those stated.

Resignation Details

Nalini Kankani, holding membership number A55497, tendered her resignation from the post of Key Managerial Personnel. She confirmed there are no undisclosed material reasons for her departure.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the intimation to the Bombay Stock Exchange on August 26, 2026.