
Manglam Global Board Approves AGM, Auditor Change, Capital Increase
Manglam Global Corporations Ltd's Board of Directors met on June 11, 2026, approving key corporate actions. The 47th Annual General Meeting is scheduled for July 8, 2026, via VC/OAVM. The board accepted the resignation of M/s. D M K H & Co. as statutory auditors and approved the appointment of M/s. A K B Jain & Co. to fill the casual vacancy and for a five-year term. Significant financial decisions include approving material related party transaction limits, noting a ₹7.84 Cr transaction with Shri Satguru Agromills, increasing authorized share capital to ₹20 Cr, approving aggregate loans/guarantees up to ₹200 Cr, availing a ₹92 Lakh term loan under ECLGS 5.0, and securing ₹10 Cr in Warehouse Receipt Finance from Central Bank of India.
Key Highlights
- AGM scheduled for July 8, 2026, via VC/OAVM.
- New statutory auditors appointed for a five-year term.
- Authorized share capital increased to ₹20 Cr.
- Board approved aggregate loans/guarantees up to ₹200 Cr.
- Secured ₹10 Cr in Warehouse Receipt Finance.
Price Impact
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