Announced Sat, 20 Jun · 18:49 IST
Shareholders approve 10-for-1 stock sub-division via postal ballot
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 shareholders approved a 10-for-1 stock sub-division via postal ballot on June 20, 2026. Each equity share of face value Rs. 10 will be split into 10 shares of Rs. 1 each. The second resolution alters the Capital Clause of the Memorandum of Association to reflect the new face value. Both resolutions were passed as ordinary resolutions through remote e-voting, with voting held from May 22 to June 20, 2026.
Likely market impact
Stock split aims to improve liquidity and make shares more affordable for retail investors. Total investment value of holdings stays unchanged.