Corporate Governance Update

On 4 July 2026, Mangalam Global Enterprise Limited (MGEL) notified the National Stock Exchange of India that Mrs. Sarika Sachin Modi has resigned from her position as a Non‑Executive Independent Director, effective 4 July 2026. The resignation notice was submitted under reference MGEL/CS/SE/2026‑27/28 and was communicated to both the NSE and the BSE listing departments. The company’s corporate office is located at 101, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Ahmedabad‑380009, Gujarat.

Annual Report Filing

MGEL also filed its 16th Annual Report for the fiscal year 2025‑26 on 4 July 2026. The filing was made under reference MGEL/CS/SE/2026‑27/27 and was directed to the listing compliance departments of the NSE and BSE. The report accompanies the company’s earlier correspondence (letter No. MGEL/CS/SE/2026‑27/19 dated 26 June 2026).

In the same period, Mangalam Worldwide Limited (MWL) announced the resignation of Mrs. Sarika Sachin Modi as an Independent Director, effective 4 July 2026. The notice was submitted under reference MWL/CS/SE/2026‑27/84 and was addressed to the NSE and BSE.

Press Release (January 2026)

A press release dated 1 July 2026, reference MGEL/CS/SE/2026‑27/25, was issued by MGEL. The release referenced earlier communications: letter No. MGEL/SE/2025‑26/42 dated 13 January 2026 and letter No. MGEL/CS/SE/2026‑27/23 dated 30 June 2026. The release was distributed to the NSE and BSE listing departments.

Company Snapshot

  • Ticker: MGEL (EQ) – NSE, 544273 – BSE
  • ISIN: INE0APB01032
  • Sector: Consumer Staples
  • Market Capitalization: ₹4,960,000,000
  • Price‑to‑Earnings Ratio: 11.872
  • Closing Price (2 July 2026): ₹16.85
  • 52‑Week High (25 Sept 2025): ₹18.40
  • 52‑Week Low (8 Mar 2026): ₹9.53

The company’s recent disclosures reflect routine corporate governance and reporting activities, with no additional operational or financial developments reported at this time.