Mangalam Worldwide Limited has informed the Exchange about Copy of Newspaper Publication for dispatch of Postal Ballot Notice
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Mangalam Worldwide Limited has informed the NSE that it has completed dispatch of the Postal Ballot Notice to its shareholders on July 15, 2025, and published the notice in Financial Express (English and Gujarati) on July 16, 2025. The company is seeking shareholder approval through a special resolution to migrate its equity shares from the SME platform (Emerge) of NSE to the Main Board of NSE as well as the Main Board of BSE Limited. The e-voting period runs from July 16, 2025 (9:00 AM) to August 14, 2025 (5:00 PM), with the cut-off date for eligibility set as July 11, 2025. Results of the e-voting will be announced within two working days of the voting period's conclusion. The Board has appointed Manoj Hurkat & Associates, Practising Company Secretaries, as the Scrutinizer for the process.
If shareholders approve the resolution, Mangalam Worldwide's shares will migrate from the NSE SME Emerge platform to the Main Board of both NSE and BSE. This could improve stock visibility, liquidity, and institutional investor participation, though the company will need to comply with stricter mainboard listing requirements going forward.