Mangalam Seeds Limited , a key player in the agriculture and real estate sectors, has announced its financial results for the second quarter of the fiscal year 2025-26. The company's performance reflects a mixed picture with notable figures in both revenue and profit.

Financial Highlights

• Net Profit: The company reported a standalone net profit of ₹183.76 lakh for Q2 FY26, compared to ₹381.09 lakh in the previous quarter.
• Revenue: Total revenue from operations stood at ₹4,890.04 lakh for the quarter.
• Consolidated Performance: On a consolidated basis, Mangalam Seeds posted a net profit of ₹179.00 lakh.

Segment-wise Revenue

Mangalam Seeds operates in two main segments:

Half-Year Performance

For the half-year ended September 30, 2025, the company achieved a consolidated net profit of ₹568.78 lakh.

Board Approval

The Board of Directors approved these results at a meeting held on November 12, 2025.

Consolidated Financial Position

As of September 30, 2025, Mangalam Seeds reported:

• Total Assets: ₹16,741.59 lakh
• Total Equity: ₹8,730.02 lakh (including non-controlling interest)
• Current Liabilities: ₹5,914.47 lakh

Operational Insights

The company's performance indicates a strong presence in the agriculture sector, which contributes significantly to its revenue. The real estate segment, while smaller, adds diversification to the company's portfolio.

Mangalam Seeds' quarter-on-quarter decrease in net profit is notable. However, the half-yearly consolidated profit of ₹568.78 lakh suggests a stable overall performance for the first half of FY26.

The company's operations in agriculture and real estate may help it address market fluctuations in the coming quarters.

Mangalam Seeds Limited has announced the appointment of Mr. Sanjaykumar J. Shah as a Non-Executive Independent Director, effective September 11, 2025. The appointment, approved by the company's Board of Directors, is for a five-year term and is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for September 29, 2025.

Key Details of the Appointment

• Director's Profile: Mr. Sanjaykumar J. Shah holds a Bachelor of Science (B.Sc.) degree and brings valuable experience in business activities, management, administration, and corporate governance.
• Term: The appointment is for a five-year term, starting from September 11, 2025.
• Position: Non-Executive Independent Director (Additional Director)
• DIN: 08509524
• Shareholding: Mr. Shah does not hold any shares in Mangalam Seeds Limited.
• Independence: The company has affirmed that Mr. Shah is not debarred from holding directorial positions by any statutory authority.

Appointment Process and Compliance

The appointment of Mr. Shah was based on the recommendation of the Nomination and Remuneration Committee. It aligns with the regulatory requirements, including:

• Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Regulation 17(1C) and Regulation 25(2A) of the Listing Regulations
• Relevant provisions of the Companies Act, 2013

Impact on Corporate Governance

Mr. Shah's appointment is expected to strengthen Mangalam Seeds Limited's governance framework. His analytical approach, integrity, and commitment to organizational growth are anticipated to contribute effectively to the company's strategic decision-making and policy formulation processes.

AGM and Shareholder Approval

The company has issued a corrigendum to include an additional item in the Notice of AGM regarding the regularization of Mr. Shah's appointment. This corrigendum will be dispatched to all shareholders through permitted modes and uploaded on the company's website and stock exchange platforms.

Conclusion

The appointment of Mr. Sanjaykumar J. Shah as an Independent Director reflects Mangalam Seeds Limited's commitment to enhancing its board diversity and expertise. Subject to shareholder approval, Mr. Shah's five-year tenure is set to commence on September 11, 2025, potentially bringing fresh perspectives to the company's leadership team.