NSEPress Release3d ago · 2 Sept 2026, 11:27 am

Press Release

Mangalam Global Enterprise Limited · MGEL

✦ AI Summary▲ PositiveMgmt Change

Mangalam Global Enterprise Limited has appointed Mr. Darshak Mehta as Chief Executive Officer (CEO) of NEAT Everyday, effective September 01, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Mangalam Global Enterprise Limited has informed the Exchange regarding a press release dated September 02, 2026, titled "Mangalam Global Enterprise Limited Appoints Mr. Darshak Mehta as Chief Executive Officer for the brand NEAT Everyday".

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MGEL_02092026112619_Darshak_Mehta_Appointment_Press_Release_Signed.pdf

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REF: MGEL/CS/SE/2026-27/42 Date: September 02, 2026 To, To, Listing Compliance Department, Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra, Dalal Street, Mumbai-400 051. Mumbai- 400001 NSE Symbol: MGEL (EQ) BSE Scrip Code: 544273 ISIN: INE0APB01032 Subject: Press Release – Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press Release regarding the appointment of Mr. Darshak Mehta as the Chief Executive Officer (CEO) of the brand “NEAT EVERYDAY titled “Mangalam Global Enterprise Limited Appoints Mr. Darshak Mehta as Chief Executive Officer for the brand “NEAT Everyday”. Kindly take the same on your record. Thanking You, Yours Faithfully, For, Mangalam Global Enterprise Limited Karansingh I. Karki Company Secretary & Compliance Officer Mem. No. A30021 Enclosed: As above. Mangalam Global Enterprise Limited CIN: L24224GJ2010PLC062434 Regd. Office: 101, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabd-380009, Gujarat (INDIA) Tel: +91 79 61615000 (10 Lines) E mail: cs@groupmangalam.com; Website: www.groupmangalam.com; Mangalam Global Enterprise Limited Appoints Mr. Darshak Mehta as Chief Executive Officer for the brand “NEAT Everyday” India, September 02, 2026: Mangalam Global Enterprise Limited (MGEL) has appointed Mr. Darshak Mehta as Chief Executive Officer (CEO) of NEAT Everyday, effective September 01, 2026, as part of the company’s senior management personnel. As part of its efforts to strengthen the leadership of NEAT Everyday and support its next phase of expansion, the appointment brings seasoned retail leadership to the brand as it focuses on building a differentiated and scalable consumer wellness platform. With his extensive experience in leading large, multi-site retail operations, Mr. Mehta will support NEAT Everyday’s ambition to deepen its market presence, strengthen execution across channels and build a robust foundation for long-term growth. Mr. Mehta holds a Post Graduate Diploma in Business Administration (Finance) from Symbiosis Institute, Pune, a Hotel Management degree from Shannon College of Hotel Management, Ireland, and a Hotel Management Diploma from B.K. Somani Polytechnic, Mumbai. He was also a recipient of recognition from the Comité Interprofessionnel du Vin de Champagne and a winner of the All-Ireland Management Game, Dublin. Mr. Mehta brings over 31 years of experience across retail, cash & carry, hospitality, food services and B2B operations. He spent a significant part of his career with Reliance Retail, rising from Store Manager to Vice President & Business Head, where he led operations for 170 Metro M2 stores. His experience also includes leadership roles across entertainment, hospitality and BPO operations, giving him strong expertise in retail expansion, multi-site operations and business management. Commenting on his appointment, Mr. Darshak Mehta, Chief Executive Officer, NEAT Everyday, said: “I am honoured to join NEAT Everyday at an exciting stage of its growth journey. The brand has a strong foundation, backed by the legacy, expertise and values of Group Mangalam, and I look forward to building on this foundation as we scale the business. My focus will be on strengthening our retail and consumer strategy, enhancing operational capabilities and creating a differentiated wellness platform that delivers meaningful value to consumers. I am excited to work with the team to take NEAT Everyday to its next phase of growth and establish it as a trusted name in the wellness space.” With NEAT Everyday strengthening its presence in the rapidly evolving wellness and consumer products market, Mr. Mehta’s appointment brings extensive experience in retail, multi-site operations and business management. Backed by Group Mangalam’s more than eight-decade legacy and expertise, NEAT Everyday is focused on building a scalable, consumer-centric wellness business with a strong emphasis on quality, innovation and accessibility. About NEAT Everyday: NEAT Everyday is the specialized nutraceuticals & wellness division of Mangalam Global Enterprise Limited (MGEL), an industrial pioneer and trusted conglomerate known across India for its uncompromising strength, integrity, and quality since 1942. Built on the core ethos of providing “clean, honest, and functional daily solutions,” Neat Everyday blends decades of legacy sourcing expertise with modern biomedical research to deliver premium, plant-based self-care essentials for the global consumer. About Mangalam Global Enterprise Limited (MGEL): Mangalam Global Enterprise Limited (MGEL) is the flagship company of the 80+ year-old Group Mangalam, with a strong presence in agriculture, agri-processing, and consumer wellness. The company operates an integrated Agri-value chain across sourcing, processing, manufacturing, branding, and distribution of edible oils and agricultural commodities. MGEL has also expanded into the wellness segment through NEAT Everyday, offering clean-label, plant-based, and science-backed products including cold-pressed oils, supplements, gummies, skincare, and other wellness solutions. With a focus on quality, innovation, and sustainability, MGEL continues to build value across its agro and wellness businesses while catering to evolving consumer needs. Media Contact: Hiral Dave M: +91 9824220357 E-mail: hiral.dave@sgapl.net Muskan Gupta M: +91 6386874066 E-mail: muskan.gupta@sgapl.net Avni Kakaria M: +91 8850208993 E-mail: avni.kakaria@sgapl.net