Latest news about Mangal Electrical Industries
Mangal Electrical Industries
305.05
-6.55(-2.10%)
Company Performance:
View Company Insights1D-2.10%
1M+20.59%
6M-31.51%
1Y-43.02%
5Y-43.02%
More news about Mangal Electrical Industries
24Feb 26
Mangal Electrical Industries COO Ramkishan Bairwa Resigns Due to Personal Health Reasons
Mangal Electrical Industries Limited announced the resignation of Chief Operating Officer (EPC) Ramkishan Bairwa on February 23, 2026, due to personal health reasons. Bairwa, who served the company for over 10 years, will cease working after April 10, 2026. The company has informed BSE and NSE about this senior management change in compliance with SEBI regulations.
31Jan 26
Mangal Electrical Industries Announces COO Resignation Effective January 31, 2026
Mangal Electrical Industries Limited announced the resignation of Chief Operating Officer Mr. Shekhawat AnilKumar Gopal, effective January 31, 2026, due to personal reasons. The company has filed all necessary regulatory disclosures under SEBI Regulation 30 with BSE and NSE. Mr. Gopal served as COO for CRGO operations at the Reengus facility and was classified as Senior Management Personnel, ensuring a smooth transition process before his departure.
28Jan 26
Mangal Electrical Industries Reports Q3FY26 Results with Net Profit of ₹1,338.61 Lakhs
Mangal Electrical Industries reported Q3FY26 net profit of ₹1,338.61 lakhs on revenue from operations of ₹15,627.39 lakhs. Nine-month net profit reached ₹3,042.04 lakhs with revenue of ₹40,026.22 lakhs. The company completed a successful IPO raising ₹40,000.00 lakhs and listed on NSE and BSE in August 2025. Results were approved by the Board on January 28, 2026.
23Dec 25
Mangal Electrical Industries Appoints Mohit Vyas as Chief Legal Officer
Mangal Electrical Industries Limited has appointed Mr. Mohit Vyas as Chief Legal Officer, effective January 1, 2026. The Board of Directors approved this appointment on December 23, 2025, based on recommendations from the Nomination and Remuneration Committee. Mr. Vyas brings 14 years of experience in corporate law, governance, litigation management, government relations, and compliance. His expertise spans corporate governance, contract law, IPO advisory, and managing complex litigations across various courts. This appointment aims to strengthen the company's legal framework and compliance systems in the electrical equipment sector.
23Dec 25
Mangal Electrical Industries Appoints Naresh Kumar Sharma as Company Secretary
Mangal Electrical Industries Limited has appointed Mr. Naresh Kumar Sharma as Company Secretary and Compliance Officer with effect from December 23, 2025. The appointment was approved by the Board of Directors and communicated to stock exchanges under SEBI regulations. Mr. Sharma is an Associate Member of ICSI with expertise in Companies Act and Listing Regulations, aimed at strengthening the company's corporate governance framework.
09Nov 25
Mangal Electrical Industries Reports Mixed Q2 Results with Revenue Growth but Profit Decline
Mangal Electrical Industries Limited (MEIL) reported mixed Q2 results with revenue growing to ₹1,540.00 million, a 15.79% year-over-year increase. However, net profit declined to ₹133.00 million from ₹143.00 million last year. EBITDA fell to ₹218.40 million with margin compression to 14.15% from 18.05%. The company faces profitability challenges despite strong revenue growth, indicating potential operational cost increases or competitive pressures.
16Sept 25
Mangal Electrical Industries Appoints Ramkishan Bairwa as Chief Operating Officer (EPC)
Mangal Electrical Industries Limited (MEIL) has appointed Mr. Ramkishan Bairwa as Chief Operating Officer (EPC), effective September 16, 2025. Mr. Bairwa brings over 33 years of experience in EPC contracts in the Power Transmission & Distribution sector. MEIL also reported Q1 FY2026 results with Revenue from Operations at ₹8,966.00 crore and Profit for the Period at ₹373.27 crore. The company recently completed its IPO, listing on NSE and BSE on August 28, 2025.
16Sept 25
Mangal Electrical Industries Reports Mixed Q1 Results with Revenue Decline and Margin Improvement
Mangal Electrical Industries reported a 21.32% year-over-year decrease in Q1 revenue to ₹897.00 million. Net profit fell by 32.73% to ₹37.00 million, while EBITDA decreased by 10.71% to ₹100.00 million. Despite revenue decline, the company improved its EBITDA margin to 11.12% from 9.82%. Mangal Electrical Industries also successfully completed its IPO, issuing 71,30,124 equity shares at ₹561.00 per share, raising ₹713.01 lakhs. The company's shares are now listed on both NSE and BSE.
28Aug 25
Mangal Electrical Industries Confirms Balvinder Singh Guleri as Company Secretary and Compliance Officer
Mangal Electrical Industries Limited has appointed Mr. Balvinder Singh Guleri as its Company Secretary and Compliance Officer, effective December 22, 2024. Mr. Guleri, with over nine years of experience in secretarial roles, is an associate member of The Institute of Company Secretaries of India. The company, listed on August 28, 2025, has implemented various corporate governance measures, including adopting a fair disclosure code, appointing a Registrar & Share Transfer Agent, and authorizing Key Managerial Personnel for materiality determinations.
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