Manglam Global Approves Fund Raise Via Preferential Allotment

Manglam Global Corporations Ltd announced that its Board of Directors met on August 14, 2026, to approve the consolidated and standalone financial results for the quarter ended June 30, 2026. The board also approved raising funds up to ₹10 crore by issuing 1,00,00,000 equity shares at ₹10 per share on a preferential basis to promoters and non-promoters, subject to shareholder and stock exchange approval. An Extraordinary General Meeting (EGM) has been convened for September 16, 2026, to seek shareholder approval for these proposals. The company also appointed a scrutinizer for the e-voting process.