Board Meeting31 Oct 2026, 05:10 pm
Mangal Electrical Industries Board Approves Q2 FY27 Unaudited Results
AI Summary
Mangal Electrical Industries Ltd announced that its Board of Directors, in a meeting held on October 31, 2026, approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The Board also took on record the Limited Review Report from the Statutory Auditors and the Monitoring Agency Report from CARE Ratings Limited regarding the utilization of IPO proceeds. Additionally, Mr. Swathirajan Mulvadi Gomadam was designated as Senior Management Personnel, effective October 31, 2026. The trading window for designated persons will open 48 hours after the announcement.
Key Highlights
- Board approved unaudited financial results for Q2 and H1 FY27.
- Monitoring Agency Report on IPO proceeds utilization noted.
- COO designated as Senior Management Personnel.
- Trading window to reopen post-announcement.
- Audit Committee reviewed financial statements and reports.
Price Impact
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