Mangalam Global Enterprise Limited has announced an ambitious retail expansion strategy, planning to open 100 new stores under its wellness brand "NEAT EVERYDAY" by March 2028. The company made this disclosure to stock exchanges on January 13, 2025, under Regulation 30 of SEBI listing requirements.

Expansion Strategy Details

The comprehensive retail expansion plan encompasses the following key parameters:

Market Performance and Consumer Response

The company highlighted strong fundamentals supporting this expansion decision. The NEAT EVERYDAY product range has been demonstrating robust market acceptance with positive consumer response across existing touchpoints. This favorable market reception has provided the confidence for such a significant retail footprint expansion.

The wellness brand's performance indicates growing consumer demand for the company's wellness product portfolio, positioning it well for scaled retail operations.

Financial Impact and Earnings Outlook

Mangalam Global Enterprise emphasized the financial benefits expected from this expansion:

• Earnings Accretive Growth: Each incremental sale is expected to contribute positively to earnings
• Higher Margin Products: The NEAT EVERYDAY wellness products are associated with superior margins
• Revenue Diversification: Expanded retail presence will strengthen the company's revenue base

The company's focus on higher-margin wellness products through dedicated retail stores represents a strategic shift toward more profitable business segments.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both NSE and BSE about this material development, ensuring transparency with stakeholders and regulatory authorities.

This expansion plan reflects Mangalam Global Enterprise's commitment to strengthening its wellness segment through dedicated retail infrastructure, leveraging the positive market response to build a substantial nationwide presence in the wellness retail space.

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.