Mangalam Worldwide Limited — Important, 07-08-2025: Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals

Mangalam Worldwide Limited has formally requested the National Stock Exchange (NSE) to close its previous application for migrating from the SME Emerge platform to the Main Board. This earlier application was filed when there was regulatory uncertainty regarding capital limits for SME companies. Following amendments to regulations that now permit SME companies to remain listed even with increased capital and clarify migration timelines, the company has completed three years on NSE Emerge. The Board has now approved a fresh migration application, subject to shareholder approval via postal ballot. This action paves the way for the company to pursue its Main Board listing under updated policies.