Announced Mon, 21 Sept, 2026 · 19:00 IST
Further equity investment of Rs 1.79 Cr in wholly owned subsidiary
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Manglam Global Corp invested Rs 1.79 crore in its wholly owned subsidiary Shri Krishnam Industries Pvt Ltd via 17.9 lakh shares at Rs 10 each. The subsidiary, in dal milling or pulse processing, is yet to start operations and is setting up a new dal manufacturing plant. Part of a Rs 15 crore aggregate investment limit approved by shareholders on 8 July 2026.
Likely market impact
Funds subsidiary expansion into agro-processing; subsidiary has zero turnover and is not yet operational, so future returns depend on project execution.