Mangalam Worldwide Limited has informed the Exchange regarding a press release dated May 27, 2026, titled "Press Release on company's listing on main board of BSE Limited".
MWL · price
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Mangalam Worldwide Limited has successfully listed its equity shares on the BSE Mainboard Platform, achieving dual-exchange status across NSE and BSE. The listing covers 2,97,00674 equity shares with face value of Rs. 10 each. The company, a fully integrated stainless-steel manufacturer, reported strong FY26 financials with Total Income of ₹1,214.98 crore (up 14% YoY) and PAT of ₹50.14 crore (up 70% YoY). Q4 FY26 PAT grew 81% YoY to ₹15.37 crore. The company operates in 20 countries across Asia, Africa, Middle East, Europe, USA, Canada, Brazil and Mexico. This follows their migration to NSE Main Board in September 2025.
Positive for shareholders as dual-listing on both NSE and BSE will increase liquidity, reduce trading friction, tighten bid-ask spreads, and provide access to a wider investor base. The company's strong financial performance supports its credibility as a listed entity.