Outcome of Board Meeting

REF: MGEL/CS/SE/2026-27/43 Date: September 08, 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: Outcome of the meeting of the Board of Directors of Mangalam Global Enterprise Limited (“the Company”) held on today i.e. on Tuesday, September 08, 2026. Dear Sir/ Madam, Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III as amended, read together with the circulars and notifications issued thereunder ("Listing Regulations"), we would like to inform that the Board of Directors of the Company at its Meeting held on today, i.e. Tuesday, September 08, 2026 has inter alia considered and approved the following business: 1. Appointment of Mr. Ramesh Kumar Agrawal (DIN: 09195375) as an Additional Director in the capacity of Non-Executive, Independent Director of the Company. On the recommendation of the Nomination and Remuneration Committee, the Board of Directors accorded its approval for appointment of Mr. Ramesh Kumar Agrawal (DIN: 09195375), as an Additional Director in the capacity of Non-Executive, Independent Director of the Company w.e.f. September 08, 2026 for a consecutive period of five years, subject to approval of the members of the Company through postal ballot. The details required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 has been enclosed as Annexure-A. 2. Appointment of Ms. Purvi Jayendra Bhavsar (DIN: 02102740) as an Additional Director in the capacity of Non-Executive, Independent Director of the Company. On the recommendation of the Nomination and Remuneration Committee, the Board of Directors accorded its approval for appointment of Ms. Purvi Jayendra Bhavsar (DIN: 02102740), as an Additional Director in the capacity of Non-Executive, Independent Director of the Company w.e.f. September 08, 2026 for a consecutive period of five years, subject to approval of the members of the Company through postal ballot. 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; The details required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 has been enclosed as Annexure-A. 3. Approval of the Notice of Postal Ballot. Postal Ballot (through e-voting facility) be conducted in accordance with the provisions of Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration), Rules, 2014 and approval of draft Postal Ballot Notice for seeking approval of Members, by way of Ordinary and Special Resolutions, along with the Calendar of Events relating to the Postal Ballot process. The cut - off date for postal ballot has been fixed at Friday, September 04, 2026. The copy of the notice of Postal Ballot will be submitted to the Stock Exchanges as soon as the same will be sent to the eligible Shareholders. The notice of Postal Ballot will also be hosted on the website of the Company at www.groupmangalam.com 4. Appointment of Scrutinizer for conducting the postal ballot process. Appointment of Mr. Rajesh Parekh, Partner of RPSS & Co. Practicing Company Secretary (Membership No. 8073, CP No. 2939) as a Scrutinizer for conducting the postal ballot process in a fair and transparent manner for passing the resolutions proposed in the postal ballot notice. The meeting of Board of Directors commenced at 04:30 p.m. and concluded at 06:25 p.m. You are requested to take the same on your records. 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; Annexure-A Details as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 with regard to appointment of Mr. Ramesh Kumar Agrawal (DIN: 09195375) and Ms. Purvi Jayendra Bhavsar (DIN: 02102740) as an Additional Director in the capacity of Non-Executive, Independent Director of the Company. Sr. Disclosure Details No. Requirement 1. Name of the Director Mr. Ramesh Kumar Agrawal Ms. Purvi Jayendra Bhavsar (DIN: 09195375) (DIN: 02102740) 2. Reason for Change viz. On the recommendation of the On the recommendation of the appointment, Nomination and Remuneration Nomination and Remuneration resignation, removal, Committee, the Board of Committee, the Board of death or otherwise Directors accorded its approval Directors accorded its approval for appointment of Mr. Ramesh for appointment of Ms. Purvi Kumar Agrawal (DIN: Jayendra Bhavsar (DIN: 09195375), as an Additional 02102740), as an Additional Director in the capacity of Non- Director in the capacity of Non- Executive, Independent Executive, Independent Director of the Company w.e.f. Director of the Company w.e.f. September 08, 2026 for a September 08, 2026 for a consecutive period of five consecutive period of five years, subject to approval of the years, subject to approval of the members of the Company members of the Company through postal ballot. through postal ballot. 3. Date of w.e.f. September 08, 2026 for a w.e.f. September 08, 2026 for a appointment/cessation consecutive period of five consecutive period of five (as applicable) & term of years, subject to approval of the years, subject to approval of the appointment members of the Company members of the Company through postal ballot. through postal ballot. 4. Brief profile (in case of Mr. Ramesh Kumar Agrawal is Ms. Purvi Bhavsar is a first- appointment) a seasoned banking generation entrepreneur from professional with nearly four Ahmedabad and a seasoned decades of experience in the professional with over 30 years banking and financial services of experience across the sector, including an extensive Banking, Financial Services 34-year tenure with the State and Insurance (BFSI) and Bank of India (SBI). He Telecom sectors. She is the Co- commenced his banking career Founder of Pahal Financial with SBI in 1987 as a Services Private Limited, a Probationary Officer and leading Non-Banking Financial 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; superannuated in 2021 as Company Micro Finance General Manager. Institution (NBFC-MFI) He holds a Bachelor’s degree in engaged in microfinance and Commerce from Calcutta enterprise lending. University and is a Certified Associate of the Indian Institute She has held senior roles with of Bankers (CAIIB). He has reputed organisations including also completed executive Kotak Mahindra, HDFC Bank, programmes from premier ICICI Bank and Vodafone business schools, including IIM India, gaining extensive and Bangalore and IIM Calcutta. diverse experience across Corporate and Retail Banking, During his distinguished career Consumer Finance, Stock with SBI, Mr. Agrawal has Broking, Distribution and [Showing first 8,000 characters — download PDF for full document]