StockWatch
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Iron & Steel Products
Board Meeting27 Jun 2026, 04:20 pm

Mangalam Worldwide Approves FY26 Results, Recommends Dividend

AI Summary

Mangalam Worldwide Limited's Board of Directors met on April 29, 2026, to approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹0.30 per equity share (3% of face value) for FY26, subject to shareholder approval. Additionally, the company approved the appointment of M/s. S S Rawat & Co. as Internal Auditors and M/s. V. M. Patel & Associates as Cost Auditors for FY27. The board also considered and approved the proposal for the direct listing of the company at the Main Board of BSE Limited. Furthermore, the designation of Mr. Chanakya Prakash Mangal was changed from Managing Director to Director (Non-Executive Non-Independent Director). The financial results and outcome of the meeting will be uploaded on the stock exchanges' and company's websites.

Key Highlights

  • Approved standalone and consolidated audited financial results for FY26.
  • Recommended a final dividend of ₹0.30 per equity share for FY26.
  • Appointed new internal and cost auditors for FY27.
  • Approved proposal for direct listing on BSE Main Board.
  • Changed designation of Mr. Chanakya Prakash Mangal.