Mangalam Global Enterprise Limited has announced the successful incorporation of a wholly owned subsidiary in Dubai, marking a significant step in the company's international expansion strategy. The subsidiary, named MANGALAM GLOBAL GENERAL TRADING FZE, was established to enable more focused business operations in the region.

Subsidiary Details and Structure

The newly incorporated entity operates under license number 301949873 and has been established with substantial capital backing. The subsidiary received its trade license on December 25, 2025, with the company receiving official confirmation on January 12, 2026.

Strategic Business Rationale

The incorporation of this wholly owned subsidiary is designed to enable Mangalam Global Enterprise Limited to pursue its business activities in a more focused manner. The Dubai-based entity will operate in the general trading sector, providing the parent company with enhanced operational capabilities in the Middle East region.

The subsidiary structure allows for 100% shareholding and control by the parent company, ensuring complete strategic alignment and operational oversight. The consideration for the subsidiary establishment involves 100% subscription to the share capital in cash at face value.

Regulatory Compliance and Approvals

The company has indicated that necessary RBI approval will be obtained if required, demonstrating adherence to regulatory requirements for international subsidiary establishments. The incorporation falls within the framework of related party transactions, given the wholly owned subsidiary status.

Operational Timeline and Business Commencement

MANGALAM GLOBAL GENERAL TRADING FZE is yet to commence its business operations, representing a fresh start for the company's Dubai-based activities. The entity has no historical turnover as it represents a new venture for the parent company's international expansion strategy.

The subsidiary's establishment in Dubai positions Mangalam Global Enterprise Limited to leverage the strategic advantages of operating in the UAE's business-friendly environment, particularly in the general trading sector. This move reflects the company's commitment to diversifying its operational base and exploring new market opportunities in the Middle East region.

Mangalam Global Enterprise Limited has announced that its Board of Directors will convene on January 13, 2026, to review the company's third-quarter financial performance and consider the implementation of a new employee stock option scheme. The meeting, scheduled under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will take place at the company's registered office in Ahmedabad, Gujarat.

Board Meeting Agenda

The board meeting will address several critical business matters, with the primary focus on financial results and employee benefits. The comprehensive agenda reflects the company's commitment to regulatory compliance and strategic growth initiatives.

Financial Results Review

The board will consider and approve both standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2025. These results will be accompanied by Limited Review Reports, ensuring transparency and adherence to regulatory standards. The financial performance review represents a crucial milestone for stakeholders seeking insights into the company's operational efficiency and growth trajectory.

Employee Stock Option Plan 2026

A significant agenda item involves the consideration and approval of the Employee Stock Option Plan 2026. This ESOP scheme will be structured in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and other applicable provisions. The implementation of this plan demonstrates the company's focus on employee retention and motivation through equity participation.

Trading Window Restrictions

In compliance with insider trading regulations, Mangalam Global Enterprise has implemented trading window restrictions for company insiders. The trading window, which closed on January 1, 2026, will remain suspended until 48 hours after the declaration of the standalone and consolidated unaudited financial results. This measure ensures fair market practices and prevents any potential misuse of unpublished price-sensitive information.

Meeting Logistics

The board meeting will be conducted at the company's registered office located at 101, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad-380009, Gujarat. The formal notification, signed by Company Secretary and Compliance Officer Karansingh I. Karki, has been submitted to both the National Stock Exchange of India Limited and BSE Limited, fulfilling regulatory disclosure requirements.