Voting Results Overview
The Members of the Company have duly approved both resolutions specified in the Postal Ballot Notice dated May 15, 2026 through e-voting process with requisite majority:
1. Approval of Sub-Division of Equity Shares: From face value of ₹10 to ₹1 per equity share
2. Approval of Alteration of Capital Clause: Of Memorandum of Association of the Company
Detailed Voting Results
Resolution 1: Sub-Division of Equity Shares
- Resolution Type: Ordinary Resolution
- Total Outstanding Shares: 2,97,00,674
- Total Votes Polled: 2,06,98,185 shares (69.69% of outstanding shares)
- Votes in Favor: 2,06,98,185 shares (100% of votes polled)
- Votes Against: 0 shares (0% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 1,97,51,474 shares voted (100% in favor)
- Public Institutions: 8,560 shares voted (100% in favor) from 1,04,030 shares held
- Public Non-Institutions: 9,38,151 shares voted (100% in favor) from 98,45,170 shares held
- Invalid Votes: 0 across all categories
Resolution 2: Alteration of Capital Clause
- Resolution Type: Ordinary Resolution
- Total Outstanding Shares: 2,97,00,674
- Total Votes Polled: 2,06,98,185 shares (69.69% of outstanding shares)
- Votes in Favor: 2,06,98,185 shares (100% of votes polled)
- Votes Against: 0 shares (0% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 1,97,51,474 shares voted (100% in favor)
- Public Institutions: 8,560 shares voted (100% in favor) from 1,04,030 shares held
- Public Non-Institutions: 9,38,151 shares voted (100% in favor) from 98,45,170 shares held
- Invalid Votes: 0 across all categories
Scrutinizer Report Details
- Scrutinizer: Mr. Manoj Hurkat of M/s. Manoj Hurkat & Associates
- Qualification: Company Secretary
- Membership Number: 4287
- Appointment Date: May 15, 2026 (Board Meeting)
- Report Issuance Date: June 20, 2026
Voting Process Details
- Record Date: May 15, 2026
- Total Shareholders on Record Date: 1,988
- E-voting Period: May 22, 2026 (9:00 AM) to June 20, 2026 (5:00 PM)
- Voting Platform: MUFG Intime India Private Limited (https://instavote.linkintime.co.in/)
- Total Shareholders Voted: 37
- Total Shares Voted: 2,06,98,185
- Public Notice: Published on May 19, 2026 in The Financial Express (English and Gujarati)
Implementation and Availability
- The voting results are available on company website (www.mangalamworldwide.com)
- Results also available on BSE (www.bseindia.com) and NSE (www.nseindia.com) websites
- Results available on e-voting website of MUFG Intime India Private Limited
Financial Impact
Financial impact not quantified in the disclosure. The stock split will increase the number of outstanding shares while reducing the face value from ₹10 to ₹1 per share.