Mangalam Worldwide Ltd

Mangalam Worldwide Ltd has successfully installed and commissioned a 10.4 MW DC Ground Mounted Solar Power Plant at its Halol Unit in Vadodara, Gujarat. The plant, built on land leased for 25 years, is for captive consumption. This initiative is expected to significantly boost the company's renewable energy capacity, reduce its carbon footprint, lower energy costs, and enhance energy independence, aligning with its sustainability objectives and contributing to national renewable energy targets.

Mangalam Worldwide Limited (MWL) has announced the commissioning of a new 10.4 MW ground-mounted captive solar power project, bringing its total operational solar capacity to 11.6 MW, including existing rooftop installations. This strategic move aims to reduce electricity costs by 20-40%, enhance energy security, and lower the company's carbon footprint. The company, which reported revenues of approximately ₹1,215 crore in FY26, expects this expansion to improve manufacturing competitiveness and strengthen its position in global infrastructure markets, particularly for its exports to 20 European countries. The solar capacity is projected to offset over 12,500 metric tonnes of CO2 emissions annually.

Mangalam Worldwide Ltd has received intimations from NSE and BSE regarding a stock split of its equity shares, resulting in a change of ISIN. The company's equity shares will be sub-divided from Rs. 10/- to Re. 1/-. The new ISIN (INE0JYY01029) will be effective for all trades from the ex-date, July 10, 2026. This corporate action is in compliance with SEBI's Listing Obligations and Disclosure Requirements.

Mangalam Worldwide Limited has announced that its 30th Annual General Meeting (AGM) will be held on Thursday, July 30, 2026, at 2:00 PM IST. The meeting will be conducted virtually through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with SEBI and MCA regulations. The agenda includes adopting the Audited Standalone and Consolidated Financial Statements for the fiscal year 2025-26, declaring a final dividend of Re. 0.30 per equity share, re-appointing a director retiring by rotation, and approving the appointment of M/s. N.K.Aswani & Co. as statutory auditors for five years. The record date for e-voting is July 23, 2026, with the remote e-voting period from July 27 to July 29, 2026.

Mangalam Worldwide Limited has submitted its 30th Annual Report for the financial year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. The report, along with the Notice of the 30th Annual General Meeting (AGM), is being sent to all members and debenture holders. The record date for eligibility to vote electronically is Thursday, July 23, 2026. Remote e-voting will be open from Monday, July 27, 2026, to Wednesday, July 29, 2026. The annual report is also available on the company's website. The report highlights the company's vision, mission, values, and a timeline of its growth and diversification since its incorporation in 1995, including its evolution from a modest office to a global enterprise.

Mangalam Worldwide Limited announced the resignation of Mrs. Sarika Sachin Modi as an Independent Director, effective July 4, 2026. The resignation is attributed to personal preoccupations and other professional commitments. Mrs. Modi will also cease her roles as Chairperson and Member of various company committees. She has confirmed there are no other material reasons for her departure. The company has provided details as required by SEBI (LODR) Regulations, 2015.

Mangalam Worldwide Limited announced the resignation of Mrs. Sarika Sachin Modi as an Independent Director, effective July 4, 2026. The resignation is attributed to personal preoccupations and other professional commitments. Mrs. Modi will also cease her roles as Chairperson and Member of various company committees. She has confirmed there are no other material reasons for her departure. The company has provided details as required by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mangalam Worldwide Limited has provided a clarification regarding the prior intimation of its Board Meeting held on April 29, 2026, for recommending a final dividend. The company stated that on the date of the intimation (April 24, 2026), its shares were listed only on the National Stock Exchange (NSE), and the intimation was duly submitted to NSE. The company subsequently applied for and received listing approval on the BSE effective May 27, 2026. The Board recommended a final dividend of ₹0.30 per equity share for FY26, with a record date of July 23, 2026. A stock split from ₹10 to ₹1 face value was also approved by shareholders on June 20, 2026, which will adjust the dividend per share accordingly.

Mangalam Worldwide Ltd has issued a corrigendum revising the record date for its final dividend. The new record date is set for Thursday, July 23, 2026. This date determines shareholder eligibility for the final dividend of ₹0.30 per equity share, with a face value of ₹10 each, for the financial year ending March 31, 2026. This revision is in continuation of earlier intimations. All other terms and conditions related to the dividend remain unchanged.

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.