Mangalam Worldwide Approves FY26 Audited Results, Declares 3% Final Dividend
Mangalam Worldwide Limited approved its FY26 audited standalone and consolidated financial results. The Board recommended a final dividend of ₹0.30 per share (3%). M/s. S S Rawat & Co. and M/s. V. M. Patel & Associates were appointed as Internal and Cost Auditors, respectively, for FY27. Mr. Chanakya Prakash Mangal's designation changed from MD to Non-Executive Director.
The dividend declaration and proposal for direct listing on BSE are material events. Management changes can also have an impact. The approval of financial results is a routine but important event.
The approval of audited financial results, recommendation of a final dividend, appointment of auditors, and proposal for direct listing on BSE indicate positive corporate actions.
Mangalam Worldwide Limited announced the outcome of its Board Meeting held on April 29, 2026. The Board approved the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026, along with unmodified audit reports.
The Board recommended a Final Dividend of ₹0.30 per equity share (3% of face value) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The company will inform the exchanges about the AGM date, record date for dividend, and payment date in due course.
Further, 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 the financial year 2026-27. The Board also considered and approved the proposal for the direct listing of the Company's shares at the Main Board of BSE Limited, subject to necessary approvals.
In a significant management change, Mr. Chanakya Prakash Mangal's designation was changed from Managing Director to Director (Non-Executive Non-Independent Director), effective April 29, 2026. The company will also upload the financial results and outcome on the websites of the stock exchanges and its own website.
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Mangalam Worldwide Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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