Manglam Global Corporations Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, demonstrating a strong turnaround in profitability. The company, formerly known as Kshitij Investments Limited , reported significant operational improvements alongside strategic financing decisions during its Board meeting held on February 11, 2026.

Financial Performance Overview

The company's Q3 FY26 performance showed remarkable improvement across key financial metrics:

Year-to-Date Performance

For the nine-month period ended December 31, 2025, Manglam Global Corporations demonstrated sustained improvement:

Credit Facilities Approval

The Board of Directors approved significant credit facilities to support the company's growth trajectory:

The WHR Loan/Credit Facilities from Central Bank of India and the credit facilities from State Bank of India will provide the company with enhanced financial flexibility for its operations.

Operational Highlights

The company's operational metrics for Q3 FY26 included:

• Purchases of stock-in-trade: ₹465.90 lakh
• Changes in inventories: (₹128.59 lakh) indicating inventory optimization
• Finance costs: ₹13.23 lakh reflecting increased borrowing activity
• Employee benefits expense: ₹1.29 lakh
• Other expenses: ₹2.10 lakh

Corporate Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors M/s DMKH & Co (FRN 116886W), Chartered Accountants, conducted a limited review with no qualifications reported. The company maintains a paid-up equity share capital of ₹315.24 lakh with a face value of ₹10 per share.

The trading window for designated persons, which closed on January 1, 2026, will remain closed until February 15, 2026, in compliance with regulatory requirements. The company reported no investor complaints during the quarter, reflecting strong stakeholder relations.

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.

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.

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.