544273
Mangalam Global Enterprise Ltd
BSELast Traded Price
₹16.20
+0.39 (+2.47%)
Open
₹15.58
High
₹16.36
Low
₹15.58
Prev Close
₹15.81
Industry
Fast Moving Consumer Goods
Market Cap
533.88 Cr
Filing History
Recent corporate announcements and filings for 544273
Governance
Neutral
2026-10-13 19:03
- Management Committee meeting scheduled for Friday, October 16, 2026.
- To consider and approve raising funds up to ₹150 Crores via senior secured, rated, and listed NCDs on a private placement basis.
- Trading window remains closed.
Governance
Neutral
2026-10-13 18:48
- Meeting of the Management Committee scheduled for Friday, October 16, 2026.
- To consider raising funds up to ₹150 Crores via issuance of senior secured, rated, and listed NCDs on a private placement basis.
Business Update
Positive
2026-10-13 12:02
- Mangalam Global Enterprise Limited inaugurated a new retail store on October 13, 2026, in Ahmedabad, Gujarat.
- The store operates under the wellness brand "NEAT EVERYDAY" at Shop No. 12, Shilp Paradise, Bodakdev.
- It offers a curated range of nutraceutical, wellness, beauty, and personal care products.
- This expansion strengthens the company's retail footprint and supports the growth of its nutraceutical and wellness division.
Governance
Neutral
2026-10-12 19:20
- Mangalam Global Enterprise Limited announced the voting results of the postal ballot on October 12, 2026.
- All 4 resolutions were successfully passed with the requisite majority through remote e-voting.
- Mr. Ramesh Kumar Agrawal and Ms. Purvi Jayendra Bhavsar were appointed as Non-Executive and Independent Directors.
- Remuneration approvals for Ms. Tanisha Mangal and Ms. Honey Mangal holding an office or place of profit were approved.
Governance
Neutral
2026-10-12 15:11
- Mangalam Global Enterprise Limited submitted the proceedings of the Postal Ballot concluded on October 11, 2026.
- Resolutions included the appointment of Mr. Ramesh Kumar Agrawal and Ms. Purvi Jayendra Bhavsar as Non-Executive Independent Directors.
- Resolutions also covered the approval for payment of remuneration to Ms. Tanisha Mangal and Ms. Honey Mangal for holding an office or place of profit.
- Remote e-voting was conducted via MUFG Intime India Private Limited from September 12, 2026, to October 11, 2026, with Mr. Rajesh Parekh appointed as the scrutinizer.
Ownership
Neutral
2026-09-30 11:32
- Specific Worldwide LLP disposed of 20,80,600 equity shares (0.631% stake) of Mangalam Global Enterprise Limited via open market sale on September 25, 2026.
- Shareholding of the promoter group entity decreased from 6.946% (2,28,90,037 shares) to 6.314% (2,08,09,437 shares) of the total voting capital.
Governance
Positive
2026-09-29 18:41
- Mangalam Global Enterprise Limited has approved the grant of 9,00,000 stock options to eligible employees under the ESOP Scheme 2026.
- The grant date is September 29, 2026, within the shareholders' approved limit of 33,00,000 options.
- The exercise price is determined by the NRC with a discount not exceeding 50% of the average market price.
Ownership
Neutral
2026-09-26 17:51
- Varsha Biswajit Adhikari acquired 10,000 equity shares of Mangalam Global Enterprise Limited via open market on September 23, 2026.
- Shareholding increased from 10,000 shares (0.003%) to 20,000 shares (0.006%) of the total voting capital.
Routine
Neutral
2026-09-26 15:55
- Trading window for dealing in company equity shares will remain closed from October 01, 2026.
- Closure will last until 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ending September 30, 2026.
- Date of the Board Meeting will be intimated in due course.
Ownership
Neutral
2026-09-26 15:53
- Specific Worldwide LLP disposed of 32,00,000 equity shares of Mangalam Global Enterprise Limited via open market sale on September 24, 2026.
- Shareholding decreased from 7.917% (2,60,90,037 shares) to 6.946% (2,28,90,037 shares).
Ownership
Neutral
2026-09-25 16:29
- Specific Worldwide LLP disposed of 16,41,847 equity shares (0.498% stake) of Mangalam Global Enterprise Ltd via open market sale on September 23, 2026.
- Post-transaction, the promoter group entity's shareholding decreased from 8.415% (2,77,31,884 shares) to 7.917% (2,60,90,037 shares).
Governance
Positive
2026-09-10 16:28
- Mangalam Global Enterprise Limited issued a Postal Ballot Notice to seek shareholder approval for several resolutions.
- Appointment of Mr. Ramesh Kumar Agrawal as a Non-Executive and Independent Director (Special Resolution).
- Appointment of Ms. Purvi Jayendra Bhavsar as a Non-Executive and Independent Director (Special Resolution).
- Approval for payment of remuneration to Ms. Tanisha Mangal for holding an office or place of profit (Ordinary Resolution).
- Approval for payment of remuneration to Ms. Honey Mangal for holding an office or place of profit (Ordinary Resolution).
- The remote e-voting period is from September 12, 2026 (09:00 A.M. IST) to October 11, 2026 (05:00 P.M. IST).
Governance
Positive
2026-09-08 19:20
- Board of Directors meeting held on September 08, 2026.
- Approved the appointment of Mr. Ramesh Kumar Agrawal as an Additional Non-Executive, Independent Director for 5 years.
- Approved the appointment of Ms. Purvi Jayendra Bhavsar as an Additional Non-Executive, Independent Director for 5 years.
- Appointments are subject to shareholder approval via postal ballot.
Governance
Positive
2026-09-08 19:06
- Board of Directors meeting held on September 08, 2026.
- Approved the appointment of Mr. Ramesh Kumar Agrawal as an Additional Non-Executive, Independent Director for 5 years.
- Approved the appointment of Ms. Purvi Jayendra Bhavsar as an Additional Non-Executive, Independent Director for 5 years.
- Both appointments are effective September 08, 2026, subject to shareholder approval via postal ballot.
- Approved the Notice of Postal Ballot and appointed a Scrutinizer for the process.
Business Update
Positive
2026-09-02 11:29
- Mangalam Global Enterprise Limited (MGEL) appointed Mr. Darshak Mehta as Chief Executive Officer (CEO) for its brand 'NEAT Everyday'.
- The appointment is effective September 01, 2026.
- Mr. Mehta brings over 31 years of experience in retail leadership to strengthen the brand's expansion.
Governance
Negative
2026-08-24 18:10
CRITICAL RED FLAG DETECTED
- Mr. Anilkumar Shyamlal Agrawal resigned as Non-Executive Independent Director of Mangalam Global Enterprise Limited (MGEL).
- The resignation is effective from the close of business hours on August 24, 2026, citing health issues.
- He also ceased to be Chairperson and Member of various board committees.
Governance
Negative
2026-08-24 17:58
CRITICAL RED FLAG DETECTED
- Mr. Anilkumar Shyamlal Agrawal has resigned as the Non-Executive Independent Director of Mangalam Global Enterprise Limited, effective from the close of business hours on August 24, 2026.
- The stated reason for his resignation is health issues.
- The company confirmed that there are no other material reasons for his resignation.
Governance
Positive
2026-08-20 16:05
- Appointment of Mr. Darshak Mehta as the Chief Executive Officer (CEO) for the brand "NEAT EVERYDAY" effective September 01, 2026.
- Mr. Mehta has over 31 years of experience in senior retail and multi-site operations.
Governance
Positive
2026-08-20 15:49
- Board of Directors of Mangalam Global Enterprise Limited appointed Mr. Darshak Mehta as Chief Executive Officer (CEO) for the brand "NEAT EVERYDAY".
- The appointment is effective from September 01, 2026, under the category of Senior Management Personnel (SMP).
- Mr. Mehta has over 31 years of experience in retail and multi-site operations.
Routine
Neutral
2026-08-05 17:03
- Mangalam Global Enterprise Limited received credit ratings from Acuite' Ratings & Research Limited dated August 04, 2026.
- Long-term Bank Loan Ratings: ACUITE BBB+ | Stable | Assigned for a quantum of ₹219.00 Cr.
- Short-term Bank Loan Ratings: ACUITE A2 | Assigned for a quantum of ₹60.00 Cr.
- The Total Outstanding Quantum is ₹279.00 Cr.
Financials
Positive
2026-08-04 14:44
- Consolidated Revenue ₹952.07 Cr vs ₹858.54 Cr (▲10.89% YoY)
- PAT ₹8.43 Cr vs ₹6.43 Cr (▲31% YoY)
- Company launched 'Neat Everyday' direct-to-consumer wellness brand during Q1 FY27.
Financials
Positive
2026-08-01 17:22
- Consolidated Revenue ₹952.07 Cr vs ₹858.54 Cr (▲10.9% YoY)
- EBITDA ₹18.43 Cr vs ₹12.55 Cr (▲46.9% YoY)
- PAT ₹8.43 Cr vs ₹6.43 Cr (▲31.0% YoY)
- EBITDA Margin 1.94% vs 1.46% (▲48bps)
Financials
Positive
2026-08-01 16:57
- Consolidated Revenue ₹952.06 Cr vs ₹858.54 Cr (▲10.90% YoY)
- EBITDA ₹18.43 Cr vs ₹12.55 Cr (▲46.85% YoY)
- PAT ₹8.43 Cr vs ₹6.43 Cr (▲31.00% YoY)
- EBITDA Margin 1.94% vs 1.46% (▲48bps)
- The company has invested USD 12,50,000 and AED 36,70,000 in wholly-owned subsidiaries for long-term sales and revenue growth.
Governance
Neutral
2026-07-28 16:03
- Board Meeting to be held on August 01, 2026.
- Purpose: To consider and approve Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026.
- Trading Window closed from July 01, 2026, until 48 hours post-results declaration.
Governance
Positive
2026-07-28 15:27
- E-Voting results for the 16th Annual General Meeting (AGM) held on July 27, 2026, were declared.
- All 8 resolutions, including the adoption of FY2026 financial statements and the declaration of a final dividend of ₹0.01 per equity share, were passed with overwhelming majority.
- Shareholders also approved increasing borrowing limits, limits for creating charge/mortgage on assets, and conversion of outstanding debt into equity shares.
Governance
Neutral
2026-07-27 17:05
- 16th AGM held on July 27, 2026, adopted FY2025-26 financial statements.
- Declared a final dividend of Re. 0.01/- per equity share (credited by Aug 26, 2026).
- Resolutions approved director appointments, increased borrowing limits, and conversion of outstanding debt into equity.
Routine
Neutral
2026-07-10 11:53
New Filing detected. See link for details.
Governance
Negative
2026-07-04 18:06
CRITICAL RED FLAG DETECTED
- Mrs. Sarika Sachin Modi resigned as Non-Executive Independent Director of Mangalam Global Enterprise Limited, effective July 4, 2026.
- The reason cited is personal preoccupation and other professional commitments.
- She also ceased to be Chairperson and Member of various committees.
Governance
Negative
2026-07-04 17:45
CRITICAL RED FLAG DETECTED
- Mrs. Sarika Sachin Modi resigned as Non-Executive Independent Director of Mangalam Global Enterprise Limited.
- Her resignation is effective from the close of business hours on July 4, 2026, due to personal preoccupation and other professional commitments.
- She also ceased to be the Chairperson and Member of various committees.
Financials
Positive
2026-07-04 16:55
- 16th Annual Report for FY 2025-26 submitted.
- Consolidated revenue for FY2025-26 increased by 48% to ₹3,384 crore.
- Consolidated PAT grew by 96% to ₹45.2 crore.
- A dividend of ₹0.01 per equity share recommended.
- E-voting for AGM: July 23-26, 2026.
Governance
Neutral
2026-07-04 16:38
- Notice of the 16th Annual General Meeting (AGM) to be held on July 27, 2026, at 2:00 P.M. (IST) via Video Conferencing/Other Audio Visual Means.
- Agenda includes adoption of financial statements for FY2025-26 and declaration of a final dividend of Rs. 0.01/- per equity share.
- Resolutions proposed for increasing overall borrowing limits, creating charges/mortgages on assets, and making investments/loans/guarantees, each up to Rs. 3000 Crores.
- Appointment of Mrs. Reena Unmesh Wagh as Whole-Time Director.
Business Update
Positive
2026-07-01 18:14
- Mangalam Global Enterprise Limited (MGEL) has entered India's wellness sector with its new omnichannel brand, NEAT Everyday.
- The company inaugurated three new experience stores in Mumbai, adding to existing stores and a kiosk in Ahmedabad and Indore.
- MGEL plans to expand its retail footprint to 100 stores over the next two years.
- NEAT Everyday offers over 25 variants of nutraceuticals and personal care products.
Business Update
Positive
2026-06-30 17:57
- Mangalam Global Enterprise Limited inaugurated 3 new retail stores under its 'NEAT EVERYDAY' brand on June 30, 2026, in Goregaon, Borivali, and Ghatkopar, Mumbai.
- This expands its wellness and beauty division retail network, strengthening its retail footprint and supporting long-term growth.
Governance
Neutral
2026-06-30 11:46
- Mangalam Global Enterprise Limited authorized Directors and Key Managerial Personnel (KMPs) for determining the materiality of events/information and for making disclosures to the Stock Exchanges, in compliance with SEBI Regulation 30(5).
Governance
Neutral
2026-06-29 18:25
- Board of Directors of Mangalam Global Enterprise Limited held a meeting on June 29, 2026.
- Approved the appointment of Mrs. Reena Unmesh Wagh as an Additional Director designated as Whole-Time Director for a period of three years, effective June 29, 2026.
- Approved the notice for the 16th Annual General Meeting (AGM) to be held on Monday, July 27, 2026.
Governance
Positive
2026-06-29 18:16
- Board of Directors meeting held on June 29, 2026.
- Mrs. Reena Unmesh Wagh (DIN: 11597282) appointed as an Additional Director designated as Whole Time Director for a period of three years, effective June 29, 2026.
- Approved the revised Notice for the 16th Annual General Meeting (AGM) to be held on Monday, July 27, 2026.
Routine
Neutral
2026-06-26 18:41
- The Trading Window for dealing in the Company's equity shares will close from July 01, 2026.
- It will remain closed until 48 hours after the declaration of Unaudited Financial Results for the quarter ended June 30, 2026.
Governance
Neutral
2026-06-26 18:39
- Board re-designated Mr. Chandragupt Prakash Mangal from Managing Director to Director (Non-Executive Non-Independent Director) effective June 26, 2026.
- The 16th Annual General Meeting (AGM) is scheduled for Monday, July 27, 2026, at 2:00 P.M.
- Record date for a final dividend of ₹0.01 per equity share for FY 2025-26 is July 17, 2026.
- Board approved an enabling resolution for the conversion of outstanding secured/unsecured loan(s)/debt into equity shares, subject to shareholder and regulatory approvals.
Governance
Neutral
2026-06-26 18:13
- 16th Annual General Meeting (AGM) to be held on Monday, July 27, 2026, at 2:00 P.M. (IST).
- Record date for the Final Dividend of ₹0.01 (One Paise Only) per Equity share for the financial year 2025-26 is Friday, July 17, 2026.
- The dividend, if declared, will be paid on or before August 26, 2026.
Financials
Positive
2026-06-26 18:05
- 16th Annual General Meeting (AGM) to be held on Monday, July 27, 2026, at 2:00 P.M. (IST).
- Record date for the final dividend of ₹0.01/- per equity share is Friday, July 17, 2026.
- Dividend, if declared, will be paid on or before August 26, 2026.
Governance
Negative
2026-06-26 17:48
CRITICAL RED FLAG DETECTED
- Change in designation of Mr. Chandragupt Prakash Mangal from Managing Director to Director (Non-Executive Non-Independent Director) effective June 26, 2026.
- The 16th Annual General Meeting (AGM) will be held on Monday, July 27, 2026, at 2:00 P.M. via Video Conferencing or Other Audio-Visual Means.
- Record Date for a final dividend of Re. 0.01 per equity share for FY 2025-26 is fixed as Friday, July 17, 2026.
Business Update
Positive
2026-06-24 17:09
- Mangalam Global Enterprise Limited inaugurated a new Kiosk for its wellness brand "NEAT EVERYDAY".
- The Kiosk, located at Nexus Mall, Vastrapur, Ahmedabad, Gujarat, opened on June 24, 2026.
- This expansion aims to strengthen the Company's retail footprint, enhance customer accessibility, and improve brand visibility.
Governance
Positive
2026-06-23 17:44
- Board meeting scheduled for June 26, 2026.
- To consider an enabling resolution for converting outstanding secured/unsecured loan(s)/debt into equity shares, subject to shareholder and regulatory approvals.