Mangalam Worldwide Limited has informed the Exchange that Board of Directors at its meeting held on April 29, 2026, recommended Final Dividend of Rs. 0.30 per equity share.
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Mangalam Worldwide Limited's Board on April 29, 2026 recommended a Final Dividend of Rs. 0.30 per equity share (3% on face value of Rs. 10) for FY2026, subject to shareholder approval at the AGM. The Board also approved standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026 with unmodified audit opinions. New internal auditor M/s S S Rawat & Co. and cost auditor M/s V M Patel & Associates were appointed for FY2026-27. The Company proposed listing on BSE Main Board (currently listed on NSE) subject to regulatory approvals. Additionally, promoter Mr. Chanakya Prakash Mangal's designation changed from Managing Director to Non-Executive Non-Independent Director; he holds 44,25,500 shares and is son of the Chairman.
The modest Rs. 0.30 per share dividend signals routine profit distribution but lacks detail for yield assessment. BSE listing proposal and auditor appointments are administrative in nature. The director designation change removes executive status from a promoter family member but does not alter control structure.