Manglam Global Corporations Limited Completes Preferential Allotment of ₹68.48 Crore

Manglam Global Corporations Limited (formerly Kshitij Investments Limited) has successfully completed its preferential allotment of equity shares, raising ₹68.48 crores through the issuance of 68,47,600 shares. The board of directors approved this significant capital raising initiative during their meeting held on January 05, 2026.

Allotment Details

The preferential allotment involved issuing equity shares with a face value of ₹10.00 each at an issue price of ₹10.00 per share. This pricing strategy reflects the company's approach to raise capital while maintaining accessibility for the identified allottees. The allotment was conducted in strict compliance with regulatory requirements and received necessary approvals from relevant authorities.

Parameter:	Details
Total Shares Allotted:	68,47,600
Face Value per Share:	₹10.00
Issue Price per Share:	₹10.00
Total Amount Raised:	₹68.48 crores
Number of Allottees:	25

Regulatory Compliance and Approvals

The allotment process followed all regulatory guidelines under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had secured the necessary approvals well in advance, including a special resolution passed by members at the Annual General Meeting held on September 11, 2025. BSE Limited, where the company's shares are listed, granted in-principle approval on December 22, 2025.

Complete Allottee Distribution

The preferential allotment was distributed among 25 allottees, with the largest allocations going to key stakeholders. Rahul Agrawal and Rohit Agrawal emerged as the primary beneficiaries, each receiving 23,35,000 shares worth ₹23.35 crores. The complete distribution shows a strategic allocation across various members of the Agrawal family and associated individuals.

Allottee Name:	Shares Allocated	Value (₹ lakhs)
Rahul Agrawal:	23,35,000	233.50
Rohit Agrawal:	23,35,000	233.50
Vinay Agrawal:	1,50,000	15.00
Manoj Agrawal:	1,50,000	15.00
Shubham Agrawal:	1,35,000	13.50
Rekha Agrawal:	1,30,000	13.00
Akarsh Agrawal:	1,30,000	13.00
Ansh Agrawal:	1,10,000	11.00
Rakesh Kumar Agrawal:	1,10,000	11.00
Ranjeeta Agrawal:	1,10,000	11.00

Board Meeting Proceedings

The board meeting that approved this allotment was conducted efficiently, commencing at 5:00 p.m. and concluded at 5:30 p.m. on January 05, 2026. The meeting was presided over by the company's leadership, with CS Nalini Kankani serving as Company Secretary and Compliance Officer overseeing the regulatory aspects of the allotment process. The company has its registered office at Mangalwara Bazaar, Next to Agrawal Readymade Stores, Piparia, Hoshangabad, Madhya Pradesh.

This preferential allotment represents a significant milestone for Manglam Global Corporations Limited, providing the company with substantial capital for its future growth initiatives while strengthening its shareholder base through strategic allocation to identified investors.

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-100.00%	0.0%	0.0%	0.0%	0.0%	-100.00%

Kshitiz Investment (formerly known as Manglam Global Corporation Limited) has reported a substantial increase in revenue for the second quarter of the fiscal year 2026. The company's financial results, approved by the Board of Directors on November 13, 2025, reveal a significant change in its operational performance.

Financial Highlights

The unaudited financial results for Q2 FY2026 show:

Particulars (Rs. in Thousands)	Q2 FY2026	Q2 FY2025	% Change
Income from Operations	21,526.57	0.00	N/A
Net Profit	-1,728.65	-1,169.70	-47.78%
Total Revenue	21,526.57	191.23	11,156.9%

Despite the significant increase in revenue, the company reported a higher net loss compared to the same quarter in the previous year. This could be attributed to a substantial rise in expenses, particularly in purchases of stock-in-trade and finance costs.

Half-Year Performance

For the half-year ended September 30, 2025:

Total Revenue: Rs. 48,421.15 thousand
Net Loss: Rs. 1,509.74 thousand

The company's performance shows a mixed picture with a substantial increase in revenue but a continued net loss.

Operational Insights

Kshitiz Investment has seen a dramatic increase in its operations, as evidenced by the jump in income from operations. However, the increase in expenses, particularly in stock purchases and finance costs, has outpaced revenue growth, resulting in a net loss for the quarter.

Corporate Governance

The company has maintained transparency in its financial reporting:

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 13, 2025.
Statutory auditors have carried out a Limited Review of the results with no qualifications reported.
The trading window for designated persons will remain closed until October 15, 2025, ensuring compliance with insider trading regulations.

Market Information

Kshitiz Investment is listed on the BSE with the scrip code 503626. The company's paid-up equity share capital stands at Rs. 31,524.00 thousand, with a face value of Rs. 5 per share.

While the company has shown significant growth in its operations, investors and stakeholders should note the continued net losses and monitor how the company plans to address its increasing expenses in the coming quarters.

The full detailed financial results are available on the BSE website ( www.bseindia.com ) and the company's website ( https://www.kiltd.in ) for further analysis.