Mangalam Worldwide Limited – Board Update (29 Apr 2026)

1. Financial Results

• Standalone & Consolidated Audited Results for Q4 and FY 2026 were approved with an unmodified audit opinion.
• The clean opinion indicates no material misstatements and compliance with accounting standards.

2. Dividend Recommendation

• Final dividend: Rs 0.30 per equity share (3% of face value).
• Subject to approval at the forthcoming Annual General Meeting (AGM).
• Record date, payment date, and AGM details will be communicated later.

3. Auditor Appointments (FY 2026‑27)

4. Strategic Move – Direct Listing on BSE

• The Board approved a proposal to list MWL directly on the Main Board of BSE Ltd.
• Pending approval from BSE and regulatory authorities, this could enhance market visibility and liquidity.

5. Management Change

• Mr Chanakya Prakash Mangal (DIN 06714256) is re‑designated from Managing Director to Director (Non‑Executive, Non‑Independent) effective 29 Apr 2026.
• He holds 44,25,500 shares (~4.4 million) and is a promoter (son of Chairman Vipin Prakash Mangal).
• The change may affect day‑to‑day operational oversight; a new MD will be appointed as per the Companies Act, 2023.

6. Upcoming AGM & Compliance

• The Company will announce the AGM date, dividend record date, and payment schedule in due course.
• All outcomes and audited results will be uploaded on NSE and the Company’s website.

7. Investor Implications

• Positive: Clean audit, dividend payout, improved governance, potential BSE listing.
• Caution: Leadership transition and execution risk of the BSE listing.

Prepared on 29 Apr 2026 for investors reviewing Mangalam Worldwide Limited’s latest corporate disclosures.