Mangalam Global Enterprise Limited — Others, 16-01-2025: Shareholders meeting

Mangalam Global Enterprise Limited has announced a board meeting to approve a postal ballot for shareholder consent on two key proposals: the subdivision of equity shares from ₹2 to ₹1 per share, and an amendment to the capital clause of the Memorandum of Association reflecting this change. The e-voting will run from January 18 to February 16, 2025, with results disclosed within two days after the voting ends. This subdivision aims to enhance liquidity and broaden the investor base, potentially fostering a positive outlook among current and prospective shareholders while facilitating greater participation in company governance.