Announced Sat, 20 Jun · 19:02 IST
Postal Ballot Results: Share Sub-Division and Capital Clause Amendment Approved
Board & Shareholder Meetings View source PDF
MWL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹377.00
prior close
₹382.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.1-1.3-1.1-1.6-2.6-1.3-2.4-0.3+0.2————
Up moveDown movePending
AI summary
Mangalam Worldwide Limited shareholders approved two resolutions via postal ballot with 100 percent votes in favor. Resolution 1: Sub-divide equity shares from Rs. 10 to Rs. 1 face value. Resolution 2: Alter Capital Clause of MOA. Out of 1,988 shareholders, 37 voted representing 2.06 crore shares (69.69 percent of outstanding). Promoters voted 100 percent in favor. Result declared June 20, 2026.
Likely market impact
Stock split from Rs. 10 to Rs. 1 face value will increase share count tenfold and likely lower per-share price. May improve liquidity.