Date: August 27, 2026

Regulatory Compliance Update

Fine Waiver Approval

  • BSE Limited has approved the waiver of a fine of ₹1,30,000 plus GST for 26 days that was imposed on Mangalam Worldwide Limited
  • The fine was originally levied for alleged non-compliance with Regulation 33 of the SEBI Listing Regulations
  • The waiver application was approved by BSE's relevant authority on August 26, 2026
  • The company is no longer required to pay the fine for the alleged non-compliance

Background and Process

  • The fine was originally imposed via BSE Notice Reference No. SOP-Review-30/06/2026 dated June 30, 2026
  • The company filed a waiver application vide letter no. MWL/CS/SE/2026-27/91 dated July 10, 2026
  • The board of directors previously commented on the notice via letter no. MWL/CS/SE/2026-27/105 dated July 24, 2026

Company Commitment

  • The company reaffirms its commitment to comply with all applicable provisions of the SEBI Listing Regulations
  • The company states it will comply with all other applicable laws and regulations