MWLNSEMangalam Worldwide LimitedHighPositive
Announced Fri, 26 Jun · 17:33 IST

Stock split 10:1, Rs 0.30 dividend fixed, new auditor appointed

Stock SplitCorporate Actions View source PDF

MWL · price

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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹372.00
prior close
₹375.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.2+0.1+1.0+1.1+1.6+1.5+0.9+1.8+0.8
Up moveDown movePending
AI summary

Board fixed July 17, 2026 as record date for final dividend of Rs 0.30 per share on Rs 10 face value for FY26. Stock split from Rs 10 to Rs 1 face value already approved by shareholders via postal ballot. Dividend will be adjusted proportionally post-split. 30th AGM set for July 30, 2026. N.K. Aswani and Co. appointed as new statutory auditor for 5 years. Enabling resolution for converting outstanding loans and debt into equity also approved.

Likely market impact

Stock split lowers per-share price, improving retail affordability. Dividend is modest. Loan-to-equity conversion, if triggered, may dilute existing shareholders.