Mangalam Worldwide Limited has informed the Exchange about Receipt of In-Principal approval from BSE Limited for Direct Listing of Equity Shares.

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+3.4%1-day move

₹367.50

prior close

₹375.00

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AI summary

Mangalam Worldwide Limited, already listed on NSE, has received in-principle approval from BSE on May 22, 2026 for direct listing of its equity shares on the BSE Mainboard Platform. The company submitted this intimation to NSE under SEBI Listing Regulations 28(1), 30 and 51. This approval allows Mangalam Worldwide to expand its listing presence to India's second-largest stock exchange, enabling dual trading of its shares on both NSE and BSE.

Likely market impact

This is a positive development as dual listing increases stock visibility and accessibility for a wider pool of investors on both exchanges, potentially improving liquidity over time.