Board clears AGM, dividend, stock split and new auditor appointment

Board & Shareholder Meetings View source PDF

MWL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.1%1-day move

₹372.00

prior close

₹375.80

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AI summary

Mangalam Worldwide's board approved the 30th AGM for July 30, 2026 via video conferencing. Final dividend of Rs. 0.30 per share (face value Rs. 10) declared, record date July 17, 2026. Stock split from Rs. 10 to Rs. 1 face value, already approved by shareholders, will proportionally adjust dividend. New auditor M/s. N.K. Aswani & Co. appointed for 5 years, replacing M/s. Keyur Shah & Co. Board also approved a debt-to-equity conversion enabling resolution and modification of listed NCD security.

Likely market impact

Positive: dividend declared, stock split will improve liquidity, new auditor appointed. Debt-to-equity conversion may dilute equity if approved by shareholders.