Manglam Global Corporations shareholders approved the issuance of equity shares on a preferential basis during its second extraordinary general meeting held on September 16, 2026. The special resolution passed with 100% of the valid votes cast.

The meeting commenced at 1:10 pm through video conferencing and concluded at 1:52 pm. Mr. Rohit Agrawal, Chairman, chaired the proceedings while CS Dalchand Raghuvanshi, Company Secretary & Compliance Officer, managed the agenda. The company provided remote e-voting facilities from September 13 to September 15, 2026, with additional voting available during the meeting.

Voting Results

The scrutinizer report confirmed that all resolutions were duly approved by the members. As on the record date of September 9, 2026, there were 1,895 shareholders. A total of 9,023,558 votes were polled out of 10,000,000 outstanding equity shares, representing a participation rate of 90.24%.

Promoters and promoter group held 6,647,540 shares and voted 6,517,000 shares in favour, accounting for 72.2% of the total votes polled. Public non-institutional shareholders held 3,352,460 shares and voted 2,506,558 shares in favour. No votes were cast against the resolution, and there were no invalid votes recorded.

Key Meeting Details

• The EGM addressed one special business item: approval for preferential equity share issuance.
• Ravi Patidar & Associates was appointed as the scrutinizer to oversee the e-voting process.
• No questions were raised by shareholders during the session.

The requisite quorum under Section 103 of the Companies Act, 2013 was present. Voting results and the scrutinizer’s report have been submitted to the stock exchange as per Regulation 44(3) of the SEBI Listing Regulations.

Manglam Global Corporations Limited made a further equity investment of ₹21 lakh in its wholly owned subsidiary, Shri Krishnam Industries Private Limited. The company disclosed the transaction on September 17, 2026.

Manglam Global Corporations executed the investment in accordance with shareholder approval granted on July 8, 2026. The resolution authorized investments in the subsidiary up to an aggregate limit of ₹15 crore.

Investment Details

The company acquired 2,10,000 equity shares of face value ₹10 each for a total consideration of ₹21 lakh. The payment was made in cash. Manglam Global retains 100% ownership of Shri Krishnam Industries, which remains a related party entity.

Subsidiary Profile

Shri Krishnam Industries Private Limited operates in the food processing industry, specifically in pulse processing and dal milling. The entity was incorporated on February 25, 2020, with an authorized capital of ₹1 crore. It has not yet commenced business operations, and its turnover is recorded as zero.

The company stated that the acquisition aligns with its growth strategy to strengthen its presence in the agro-processing segment. The subsidiary is currently setting up a new project for dal manufacturing to enhance operational capabilities.