Mangalam Global Enterprise Limited — Others, 17-02-2025: Shareholders meeting

Mangalam Global Enterprise Limited has announced a board meeting to discuss the resolutions passed via Postal Ballot, which aimed to subdivide equity shares from a face value of ₹2 to ₹1 and to alter the capital clause of the Memorandum of Association. Both resolutions were approved by shareholders through remote e-voting, indicating strong support for these changes. This signals the company's strategic move towards enhancing liquidity and marketability of its shares, which could positively influence investor sentiment and potentially attract new investments.