Announced Sat, 28 Jun · 20:35 IST

Mangalam Worldwide Limited has informed the Exchange regarding Appointment of Mr Mohit Kailash Agrawal as Executive Director of the company w.e.f. August 06, 2025.

Management Changes View source PDF

MWL · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mangalam Worldwide Limited has informed the exchange about two board-level changes approved at its meeting on June 28, 2025. Mr. Mohit Kailash Agrawal has been re-appointed as Whole Time Director designated as Whole Time Director & Chief Financial Officer for a 3-year term effective August 6, 2025, subject to shareholder approval. Mr. Susanta Kumar Panda, a retired 1982-batch Indian Revenue Service officer with extensive experience in customs, excise, GST, and enforcement, has been appointed as Additional Independent Director for 5 years effective June 28, 2025. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Likely market impact

These are routine governance changes — a continuation of the existing CFO/WTD and the addition of a seasoned former bureaucrat as an independent director. No negative signal for shareholders; the moves suggest continuity in finance leadership and an effort to strengthen board independence with regulatory and policy expertise.