Manglam Global Acquires 100% Stake in Manglam Food Products

Manglam Global Corporations Ltd has acquired 100% equity shares of Manglam Food Products Private Limited, making it a wholly-owned subsidiary. The newly acquired entity was incorporated on March 24, 2026, with an authorized capital of ₹8,00,00,000. Manglam Food Products Private Limited is set up to engage in the business of milling, processing, and dealing in rice, grains, cereals, pulses, flour, and spices. This acquisition is expected to add a new vertical to Manglam Global's operations, contributing to revenue recognition. The promoter group has an interest in the acquired entity, and the transaction is considered a related party transaction.