NSEPress Release7 Sept 2026 · 7 Sept 2026, 12:38 pm
Press Release
Mangalam Worldwide Limited · MWL
✦ AI Summary▲ PositiveOrder Win
Mangalam Worldwide Limited has been empanelled as an approved vendor by Abu Dhabi National Oil Company (ADNOC), a significant milestone in enhancing the company's global presence.
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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Mangalam Worldwide Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Press Release titled ADNOC empanels Mangalam Worldwide Ltd. as an approved vendor. ".
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Ref: MWL/CS/2026-27/140 Date: September 07, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block-G, Department of Corporate Services
Bandra Kurla Complex, Bandra, Phiroze Jeejeebhoy Towers,
Mumbai-400 051. Dalal Street,
Mumbai- 400001
NSE Symbol: MWL Scrip Code: 544764
Ref: Equity ISIN: INE0JYY01029
NSE (Debt): ISIN: INE0JYY07018, Symbol: 975MWL29
NSE (Debt): ISIN: INE0JYY07026, Symbol: 10MWL29
Subject: Press Release.
Dear Sir/Madam,
Pursuant to the Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, read together with the circulars and
notifications issued thereunder ("Listing Regulations"), please find enclosed herewith a
press release titled “ADNOC empanels Mangalam Worldwide Ltd. as an approved
vendor.”
You are requested to kindly take note of the same.
Thanking You.
Yours faithfully,
For, Mangalam Worldwide Limited
Soham Raval
Company Secretary & Compliance Officer
Membership No.: A34154
Encl: As stated above
Mangalam Worldwide Limited
(CIN: L27100GJ1995PLC028381)
Regd. Office: 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad-380009, Gujarat (INDIA)
Tel: +91 79 61615000 (10 Lines) Email: cs@mangalamworldwide.com Website: www.mangalamworldwide.com
ADNOC empanels Mangalam Worldwide Ltd. as an approved vendor
Important milestone towards enhancing MWL’s global presence
India, Ahmedabad, September 7, 2026: Mangalam Worldwide Limited (MWL), a fully integrated stainless-
steel manufacturer, announced its empanelment as an approved vendor with Abu Dhabi National Oil
Company (ADNOC). MWL-Tubicore is now among the selected global companies eligible to provide tubes
to ADNOC.
This approval further strengthens MWL’s presence in global energy markets and validates the company’s
ability to meet stringent quality standards, backed by its state-of-the-art manufacturing capabilities. The
approval reinforces MWL’s commitment to delivering reliable stainless-steel solutions for international
markets.
Earlier this financial year, MWL had received similar approvals from global and Indian majors such as Qatar
Energy, BHEL, EIL and GSFC, thereby allowing the stainless-steel manufacturer access to global oil and gas
supply chains, besides establishing a presence in India’s power infrastructure and refinery-petrochemical
sectors, among others.
Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, said, “Being
approved by an institution such as ADNOC is more than a milestone; it is a validation of the global
standards we have built into our products, manufacturing and operations. This approval strengthens our
credentials as a dependable partner for large and technically demanding organizations. As we continue to
expand across geographies, we surge ahead with a clear focus that is guided by consistent quality,
credibility and the ability to deliver at scale.”
At the core of MWL’s strength is its vertically integrated manufacturing ecosystem, covering melting,
rolling, bright bar finishing, and seamless pipe and tube production. The company delivers approximately
190,000 MT annually and offers a diversified stainless-steel portfolio including billets, ingots, hot rolled
and forged bars, bright bars, and seamless pipes and tubes for critical applications across sectors.
For more information, please visit:
Website: https://mangalamworldwide.com/
About Mangalam Worldwide Limited
Mangalam Worldwide Limited, established in 1995, is a fully integrated stainless steel manufacturer, with operations
ranging from scrap melting to the manufacturing of seamless pipes and tubes. The company also produces stainless
steel (SS) billets, ingots, flat bars, round bars, bright bars, as well as seamless pipes & tubes, heat exchanger tubes
and U-tubes. Its infrastructure includes steel melting shops, rolling mills, peeling units with finishing machines, and
seamless pipes & tubes facilities spread across four plants located in Halol (Unit I), Changodar (Unit II), and Kapadvanj
(Unit III & IV), Gujarat. Together, these facilities span over 1,25,000 square meters and have a total installed capacity
of more than 1,90,000 MTPA. The company has 11.6 MW of solar installations across both rooftop and ground-
mounted projects, supporting its focus on sustainable and energy-efficient operations. With a skilled workforce of
over 750 employees, Mangalam Worldwide Limited is well-positioned to meet the growing demand for stainless
steel products across domestic and international markets.
Disclaimer
Certain statements in this document that are not historical facts are forward-looking statements. Such forward-
looking statements are subject to risks and uncertainties including government actions, local, political or economic
developments, technological risks, and other factors that could cause actual results to differ materially. The
Company undertakes no obligation to update these forward-looking statements.
For more information, please contact:
Hiral Dave M: +91 98242 20357 E-mail: hiral.dave@sgapl.net
Ira Dhingra M: +91 8700973450 E-mail: ira.dhingra@sgapl.net
Utsa Saha M: +91 9051508252 E-mail: utsa.saha@sgapl.net