Mangalam Worldwide Limited has informed the Exchange that Board of Directors at its meeting held on Jun 28, 2025, recommended Final Dividend of 0.20 per equity share.
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The Board of Directors of Mangalam Worldwide Limited met on June 28, 2025 and recommended a Final Dividend of Rs. 0.20 per equity share (face value Rs. 10) for the financial year ended March 31, 2025. The record date has been fixed as Friday, July 18, 2025 to determine eligible shareholders. The 29th Annual General Meeting is scheduled for August 4, 2025 via video conferencing. Additionally, Mr. Mohit Kailash Agrawal was re-appointed as Whole Time Director & CFO for 3 years, Mr. Susanta Kumar Panda was appointed as Additional Independent Director for 5 years, and M/s. Manoj Hurkat & Associates was appointed as Secretarial Auditor for 5 years (FY26 to FY30).
The dividend of Rs. 0.20 on a Rs. 10 face value is a modest 2% payout on face value, which is unlikely to meaningfully move the stock price. Shareholders holding shares as of July 18, 2025 will be eligible to receive the dividend, subject to AGM approval.