Manglam Global Corporations Ltd (503626)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Manglam Global's revenue was ₹14.4 Cr, and net profit ₹0.2 Cr; the operating margin was 1.9%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹14.4 | — | — |
| Operating profit | ₹0.3 | — | — |
| Net profit | ₹0.2 | — | — |
| EPS (₹) | 0.15 | — | — |
| Operating margin | 1.9% | — | — |
📢 Recent Corporate Announcements
Manglam Global Corporations Ltd has made a further equity investment of ₹1.79 crore in its 100% wholly owned subsidiary, Shri Krishnam Industries Private Limited. The target company operates in the food processing segment (pulse processing/dal milling) and is currently setting up a new dal manufacturing project with zero prior turnover. This infusion is part of a broader shareholder-approved investment limit of up to ₹15 crore sanctioned on July 8, 2026. Relative to the parent's net worth of ₹10 crore, this ₹1.79 crore infusion is sizable at approximately 17.9%.
- Further equity investment of ₹1,79,00,000 via 17,90,000 equity shares of ₹10 each
- Shareholders previously approved investments in the subsidiary up to ₹15,00,00,000 on July 8, 2026
- Target Shri Krishnam Industries has an authorised capital of ₹10,00,00,000 and turnover of 0
- Subsidiary is currently setting up a new dal manufacturing facility under the food processing industry
Manglam Global Corporations Limited announced the appointment of Mr. Dalchand Raghuvanshi as its Company Secretary and Compliance Officer (Key Managerial Personnel) with effect from September 1, 2026. The appointment was approved by the Board of Directors at its meeting held on August 26, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Raghuvanshi is an Associate Member of the ICSI (Membership No. A81469) and is not related to any directors of the company.
- Appointment of Mr. Dalchand Raghuvanshi as CS and Compliance Officer effective September 1, 2026
- Board approved the appointment at its meeting held on August 26, 2026
- Appointee holds ICSI Membership No. A81469 with no director relationships
Manglam Global Corporations Ltd announced board approval to seek an enhancement of its Cash Credit/working capital facility with State Bank of India from ₹4.80 crore to up to ₹20.00 crore. Additionally, the company approved an equity investment of up to ₹2.00 crore in its wholly owned subsidiary, Shri Krishnam Industries Private Limited, representing roughly 20% of the company's net worth (₹10 crore). The board also approved the resignation of CS Nalini Kankani and the appointment of Dalchand Raghuvanshi as the new Company Secretary and Compliance Officer effective September 1, 2026.
- Board approved proposal to approach SBI to enhance working capital limits from ₹4.80 crore to up to ₹20.00 crore
- Approved equity investment of up to ₹2.00 crore into wholly owned subsidiary Shri Krishnam Industries Private Limited
- Company Secretary Nalini Kankani resigned effective September 1, 2026
- Appointed Dalchand Raghuvanshi as Company Secretary and Compliance Officer with effect from September 1, 2026
- Approved salary increment for Chief Financial Officer Aman Agrawal effective September 1, 2026
Manglam Global Corporations Limited has announced the resignation of Mrs. Nalini Kankani from the position of Company Secretary and Compliance Officer (Key Managerial Personnel) due to personal reasons. Her resignation was tendered on August 26, 2026, and will take effect at the close of business hours on September 1, 2026. The company confirmed there are no other material reasons behind her departure.
- Resignation tendered on August 26, 2026, citing personal reasons
- Cessation effective from the close of business hours on September 1, 2026
- Outgoing CS Nalini Kankani holds ICSI Membership No. A55497
Manglam Global Corporations has issued an EGM notice to seek shareholder approval on September 16, 2026, for a preferential issue of up to 1.00 crore equity shares at ₹10.25 per share (face value ₹10 plus premium ₹0.25). The total fundraise aggregates to ₹10.25 crore, which is significant compared to the company's existing net worth of ₹10 crore. Promoters Rohit Agrawal and Rahul Agrawal will subscribe to 76.30 lakh shares (₹7.82 crore), with the remaining 23.70 lakh shares allocated to non-promoter investors.
- Preferential issuance of up to 1,00,00,000 equity shares at an issue price of ₹10.25 each
- Total fundraising amount aggregates to ₹10.25 crore in cash
- Promoters Rohit and Rahul Agrawal to subscribe to 38,15,000 shares each (76.3% of the total issue)
- EGM scheduled for September 16, 2026, with a voting cut-off date of September 9, 2026
- Issue price of ₹10.25 is determined based on the relevant date of August 17, 2026
Manglam Global Corporations has issued an EGM notice to seek shareholder approval for a preferential issue of up to 1,00,00,000 equity shares at ₹10.25 per share (face value ₹10 + ₹0.25 premium), aggregating to ₹10.25 crore. The proposed fundraise is material, representing approximately 102.5% of the company's current net worth of ₹10 crore. Promoters Rohit Agrawal and Rahul Agrawal are slated to subscribe to 76.3 lakh shares (₹7.82 crore), with the remaining 23.7 lakh shares allocated to non-promoter investors. The EGM is scheduled for September 16, 2026, with a voting cut-off date of September 9, 2026.
- Preferential issuance of up to 1,00,00,000 equity shares at ₹10.25 per share, raising ₹10.25 crore in cash.
- Promoters Rohit and Rahul Agrawal to subscribe to 38,15,000 shares each (total 76.3% of the issue).
- Fundraise of ₹10.25 crore exceeds current net worth (₹10 crore), representing ~102.5% of net worth.
- EGM scheduled for September 16, 2026; voting cut-off date fixed as September 9, 2026.
- Relevant date for pricing determination was August 17, 2026.
Manglam Global Corporations has issued an EGM notice to seek shareholder approval for raising ₹10.25 crore via a preferential allotment of up to 1,00,00,000 equity shares at ₹10.25 per share (face value ₹10 plus ₹0.25 premium). The fundraise is substantial relative to the company's existing net worth of ₹10 crore. Promoters Rohit Agrawal and Rahul Agrawal will subscribe to 76.3 lakh shares (₹7.82 crore), while 23 non-promoter allottees will subscribe to the remaining 23.7 lakh shares. The EGM is scheduled for September 16, 2026, with remote e-voting open from September 13 to September 15, 2026.
- Proposed preferential issue of up to 1,00,00,000 equity shares of face value ₹10 each at an issue price of ₹10.25 per share.
- Total fundraising size stands at ₹10.25 crore, which exceeds the company's current net worth of ₹10 crore (~102.5%).
- Promoters Rohit Agrawal and Rahul Agrawal to be allotted 38,15,000 shares each (combined 76,30,000 shares or 76.3% of the issue).
- Extra-Ordinary General Meeting (EGM) to be held via Video Conferencing on September 16, 2026.
Manglam Global Corporations Limited has scheduled a meeting of its Board of Directors on Wednesday, August 26, 2026. The board will consider and approve a proposal to enhance its existing Cash Credit (CC) limit availed from State Bank of India (SBI). The quantum of the proposed enhancement was not disclosed in the filing. The company currently carries a total debt of ₹5 Cr against a net worth of ₹10 Cr as of the latest financials.
- Board meeting scheduled for August 26, 2026, at 04:00 p.m. IST
- Agenda focuses on approving enhancement of the existing Cash Credit (CC) facility from State Bank of India
- Quantum of proposed credit enhancement is not disclosed in the intimation
Manglam Global Corporations clarified a typographical error in its earlier board outcome, rectifying the preferential issue price to ₹10.25 per share from ₹10.00. The company plans to raise ₹10.25 crore through the issuance of up to 1,00,00,000 equity shares of face value ₹10 each. Promoters Rohit Agrawal and Rahul Agrawal will subscribe to 38,15,000 shares each, representing 76.3% of the total issue. The capital raise is subject to shareholder approval at an Extraordinary General Meeting scheduled for September 16, 2026.
- Preferential allotment of up to 1,00,00,000 equity shares of face value ₹10 at a corrected price of ₹10.25 per share
- Total proposed fundraise of ₹10.25 crore, representing ~102.5% of company's reported net worth (₹10 crore)
- Promoter group to subscribe to 76,30,000 shares (76.3% of the preferential issue)
- 23 non-promoter investors to receive the remaining 23,70,000 shares
- Extraordinary General Meeting (EGM) to be held on September 16, 2026, for shareholder approval
Manglam Global Corporations reported Q1 revenue from operations of Rs 14.41 Cr (Rs 1441.10 Lakhs) compared to Rs 2.69 Cr (Rs 268.95 Lakhs) in the year-ago period, with net profit rising to Rs 15.58 Lakhs versus Rs 2.19 Lakhs YoY. Concurrently, the Board approved a preferential issue of up to 1,00,00,000 equity shares of face value Rs 10 each at an issue price of Rs 10 per share, aiming to raise up to Rs 10 Cr. Promoters Rohit Agrawal and Rahul Agrawal will subscribe to 38.15 lakh shares each (76.3% of the issue), with the remaining 23.7 lakh shares allocated to 23 non-promoter investors. The Rs 10 Cr fundraise is highly material, representing ~77% of the company's current market cap of Rs 13 Cr and equal to 100% of its current net worth.
- Board approved raising up to Rs 10 Cr through a preferential allotment of up to 1,00,00,000 equity shares at Rs 10 each
- Promoters to subscribe to 76.3 lakh shares (Rs 7.63 Cr), reaffirming promoter commitment
- Q1 revenue from operations stood at Rs 1441.10 Lakhs (Rs 14.41 Cr) vs Rs 268.95 Lakhs (Rs 2.69 Cr) YoY
- Q1 net profit increased to Rs 15.58 Lakhs compared to Rs 2.19 Lakhs in Q1 of the previous year
- Extraordinary General Meeting (EGM) convened on September 16, 2026, to seek shareholder approval
Manglam Global Corporations approved raising up to Rs 10 Cr through a preferential allotment of up to 1,00,00,000 equity shares at Rs 10 per share to promoters and non-promoters. The proposed fundraise is highly significant, representing ~77% of the company's current market cap (Rs 13 Cr) and doubling its equity base. Promoters (Rohit and Rahul Agrawal) will subscribe to 76.3 lakh shares (Rs 7.63 Cr). Alongside, the company reported Q1 FY27 consolidated revenue of Rs 18.41 Cr (vs Rs 2.69 Cr in Q1 FY26) with a net profit of Rs 0.16 Cr (Rs 15.55 lakhs).
- Preferential issue of up to 1,00,00,000 equity shares approved at Rs 10 per share to raise up to Rs 10 Cr.
- Promoters Rohit Agrawal and Rahul Agrawal to acquire 38,15,000 shares each (total 76.3 lakh shares).
- Q1 FY27 consolidated revenue rose to Rs 18.41 Cr (Rs 1,841.10 lakhs) from Rs 2.69 Cr in Q1 FY26.
- Q1 FY27 net profit came in at Rs 0.16 Cr (Rs 15.55 lakhs) vs Rs 0.02 Cr (Rs 2.19 lakhs) in Q1 FY26.
- Extraordinary General Meeting (EGM) convened on September 16, 2026, for shareholder approval.
Manglam Global Corporations Ltd has scheduled a board meeting for August 14, 2026, to approve its Q1 FY27 financial results and a proposal for a preferential issue or private placement of securities. This fundraise is highly material given the company's micro-cap status with a market capitalization of just Rs 13 Cr. The board also plans to convene an Extraordinary General Meeting (EGM) on September 16, 2026, to seek shareholder approval for the proposed issuance. Investors should note the recent increase in promoter holding from 62.73% to 66.48% as of March 2026.
- Board meeting scheduled for August 14, 2026, to consider a preferential issue of securities.
- Extraordinary General Meeting (EGM) proposed for September 16, 2026, via video conferencing.
- Quarterly financial results for the period ended June 30, 2026, to be taken on record.
- Fundraise proposal includes issuance for cash or 'other than cash' considerations.
- Company market cap stands at Rs 13 Cr against TTM revenue of Rs 19.32 Cr.
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