Mangalam Worldwide Limited has considered and approved Appointment of M/s. S S Rawat & Co., (FRN: 147356W), Chartered Accountants, Surat as an Internal Auditor of the Company for conducting Internal Audit for the financial year 2026-27 at its meeting held on 29th April 2026.
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Mangalam Worldwide Limited's board meeting on April 29, 2026 approved multiple items. The company reported standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026 with unmodified (clean) audit opinions. A final dividend of Rs. 0.30 per equity share (3% on face value of Rs. 10) was recommended for FY26, subject to shareholder approval at the AGM. The company proposed direct listing on BSE Main Board, subject to BSE and other regulatory approvals — currently it trades on NSE only. Mr. Chanakya Prakash Mangal's designation changed from Managing Director to Non-Executive Non-Independent Director effective April 29, 2026; he remains a promoter holding 44,25,500 shares and is son of Chairman Vipin Prakash Mangal. M/s. S S Rawat & Co. was appointed Internal Auditor and M/s. V. M. Patel & Associates as Cost Auditor, both for FY 2026-27.
The dividend signals cash-generating ability and rewards shareholders. The BSE listing proposal could expand investor reach and liquidity. The director redesignation reduces executive responsibility for Mr. Chanakya Mangal while retaining him as a promoter, potentially signaling governance or succession planning changes.