Manglam Global invests ₹1.79 Cr in wholly-owned subsidiary

Manglam Global Corporations Ltd has made a further equity investment of ₹1.79 Crore (Rupees One Crore Seventy-Nine Lakh Only) in its wholly-owned subsidiary, M/s. Shri Krishnam Industries Private Limited. This investment is in line with shareholder approval for an aggregate limit of ₹15 Crore for investments in the WOS. Shri Krishnam Industries, incorporated in 2020, operates in the food processing industry (pulse processing/dal milling) and is currently expanding to set up a new dal manufacturing project. The cash investment aims to strengthen Manglam Global's presence in the agro-processing segment and enhance its operational capabilities. The subsidiary remains 100% owned by Manglam Global.