Resolutions for Shareholder Approval

Item 1: Appointment of Mr. Ramesh Kumar Agrawal as Non-Executive Independent Director

  • Resolution Type: Special Resolution
  • Director DIN: 09195375
  • Appointment Date: Initially appointed as Additional Director effective September 08, 2026
  • Term: Five years from September 08, 2026 to September 07, 2031
  • Qualifications: Bachelor's Degree in Commerce, CAIIB, executive programmes from IIM Bangalore and IIM Calcutta
  • Experience: 34-year tenure with State Bank of India, superannuated as General Manager in 2021
  • Current Directorships: Advait Energy Transitions Ltd. and Century Tradeserve Ltd.
  • Committee Memberships: Serves on Audit, CSR, and Nomination & Remuneration Committees at Advait Energy Transitions Ltd.
  • Remuneration: Sitting fees only (no amount specified)
  • Shareholding: Holds no shares in the company as of March 31, 2026

Item 2: Appointment of Ms. Purvi Jayendra Bhavsar as Non-Executive Independent Director

  • Resolution Type: Special Resolution
  • Director DIN: 02102740
  • Appointment Date: Initially appointed as Additional Director effective September 08, 2026
  • Term: Five years from September 08, 2026 to September 07, 2031
  • Qualifications: Bachelor's Degree in Commerce, Goldman Sachs 10K Women Program at IIM Bangalore, Stanford Seed India Program, Acumen India Fellowship
  • Experience: Co-Founder of Pahal Financial Services Private Limited (NBFC-MFI), 30 years in BFSI and Telecom sectors with Kotak Mahindra, HDFC Bank, ICICI Bank, Vodafone India
  • Current Directorships: None disclosed
  • Remuneration: Sitting fees only (no amount specified)
  • Shareholding: Holds no shares in the company as of March 31, 2026

Item 3: Approval for Remuneration to Ms. Tanisha Mangal

  • Resolution Type: Ordinary Resolution
  • Position: Member-Advisory Board holding office of profit
  • Current Remuneration: ₹2,50,000 per month (last drawn)
  • Proposed Remuneration: Up to ₹10,00,000 per month effective October 15, 2026
  • Relationship: Wife of Mr. Chandragupt Mangal (Director), Sister-In-Law of Mr. Chanakya Prakash Mangal (Managing Director), Daughter-In-Law of Mr. Vipin Prakash Mangal (Chairman)
  • Qualifications: Bachelor's degree in Electronics and Telecommunications Engineering from Maharashtra Institute of Technology
  • Role: Associated with NEAT Everyday wellness brand, involved in brand strategy, product development, retail growth, and consumer engagement
  • Approvals: Recommended by Nomination and Remuneration Committee, Audit Committee, and approved by Board on September 08, 2026

Item 4: Approval for Remuneration to Ms. Honey Mangal

  • Resolution Type: Ordinary Resolution
  • Position: Member-Advisory Board holding office of profit
  • Current Remuneration: ₹2,50,000 per month (last drawn)
  • Proposed Remuneration: Up to ₹10,00,000 per month effective October 15, 2026
  • Relationship: Wife of Mr. Chanakya Prakash Mangal (Managing Director), Daughter-In-Law of Mr. Vipin Prakash Mangal (Chairman), Sister-In-Law of Mr. Chandragupt Prakash Mangal (Director)
  • Qualifications: Chartered Accountant, Bachelor's degree in Commerce from Jodhpur University
  • Role: Oversees marketing, business development, and administrative functions for NEAT EVERYDAY brand
  • Approvals: Recommended by Nomination and Remuneration Committee, Audit Committee, and approved by Board on September 08, 2026

Voting Details

  • Cut-off Date: September 04, 2026 (for determining voting eligibility)
  • Voting Period: September 12, 2026 (09:00 AM IST) to October 11, 2026 (05:00 PM IST)
  • Voting Method: Remote e-voting only through MUFG Intime India Private Limited's InstaVOTE platform
  • Scrutinizer: Mr. Rajesh Parekh, Partner of RPSS & Co., Company Secretaries (Membership No. 8073, CP No. 2939)
  • Result Declaration: Within 2 working days after voting concludes at Registered Office and on company website

Document Availability

  • Company website: www.groupmangalam.com
  • Stock exchange websites: BSE Limited (www.bseindia.com) and National Stock Exchange (www.nseindia.com)
  • E-voting website: https://instavote.linkintime.co.in/

KYC Update Requirement

Members reminded to update KYC details with Depository Participants for electronic payment of corporate benefits as mandated by SEBI circulars effective April 1, 2024.