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.
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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
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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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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