MWLBSEMangalam Worldwide LtdHighPositive
Announced Thu, 2 Jul · 19:21 IST

Final dividend of 3% on face value; stock split from Rs 10 to Re 1 approved

Stock SplitCorporate Actions 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
+0.3%1-day move
₹377.60
prior close
₹379.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.8-1.3-1.3+0.3-0.7-0.7-2.3
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AI summary

Mangalam Worldwide board recommended a final dividend of Rs 0.30 per share (3% of face value) for FY ended March 2026, subject to shareholder approval. Shareholders had earlier approved a stock split from Rs 10 face value to Re 1 face value through postal ballot on June 20, 2026. After the split, the dividend will adjust to Re 0.03 per share keeping total payout unchanged. Record date is July 23, 2026. The company got listed on BSE via direct listing on May 27, 2026, and this filing is a clarification to BSE about prior dividend intimation timing.

Likely market impact

Stock split from Rs 10 to Re 1 face value improves share liquidity and affordability. Final dividend of 3 percent on face value is a modest yield on market price.