General Updates

Ref.: MWL/CS/SE/2026-27/152 Date: October 02, 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: NSE (Equity): ISIN: INE0JYY01029, Symbol: MWL NSE (Debt): ISIN: INE0JYY07018, Symbol: 975MWL29 NSE (Debt): ISIN: INE0JYY07026, Symbol: 10MWL29 Dear Sir, Subject: Intimation regarding Incorporation of “MWL EUROPE BV” as a Wholly Owned Subsidiary of Mangalam Worldwide Limited (“the Company”) in Belgium, a country in Europe. Ref: Intimation under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations). Dear Sir/ Madam, This is in continuation of our intimation vide letter No. MWL/CS/SE/2026-27/56 dated June 01, 2026 and pursuant to 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 ("SEBI Listing Regulations"), we would like to inform that the Company has incorporated a wholly-owned subsidiary (WOS) in the name and style of “MWL Europe BV” in Belgium, a country in Europe on 01st October, 2026. The confirmation of incorporation of the Company has been received from respective authority on 02nd October, 2026. The said incorporation is part of the Company's strategic growth initiatives aimed at expanding its international presence, strengthening customer outreach, enhancing operational efficiencies, and exploring business opportunities in the European market. The said Company shall undertake activities aligned with the existing business operations of the Company and shall facilitate the Company's long-term growth and expansion strategy in overseas markets. 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 The details required under Regulation 30 of SEBI Listing 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. This is for your information and record. 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 Annexure-A Details as required pursuant to SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026. Particulars Details Name of the Target entity, details in brief MWL Europe BV such as size, turnover etc. Share Capital: € 250,000.00 (Two hundred fifty thousand euro) Size/Turnover: Not Applicable (yet to commence business operations). whether the acquisition would fall within The transaction would not fall within related related party transaction(s) and whether party transaction and promoters/ promoter the promoter/ promoter group/ group group are not interested. companies have any interest in the entity being acquired. Upon allotment of shares, the new wholly owned subsidiary would be a Related Party to the Company. Industry to which the entity belongs Steel Industry Objects and impact of acquisition To establish business presence in Europe, (including but not limited to, disclosure of expand market reach, facilitate international reasons for acquisition of target entity, if operations, and pursue strategic growth its business is outside the main line of opportunities. business of the listed entity) Brief details of any governmental or Subject to receipt of necessary regulatory regulatory approvals required for the approvals and compliances, if required. acquisition Country of incorporation Incorporated in Belgium, a Country in Europe. Indicative time period for completion of Not applicable the acquisition Consideration - whether cash 100% subscription to the share capital by consideration or share swap or any other subscribing shares in cash. form and details of the same Cost of acquisition and/or the price at At face value. which the shares are acquired 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 Particulars Details Percentage of shareholding / control 100% of the shareholding/ control acquired and / or number of shares acquired Brief background about the entity acquired The entity is just incorporated and therefore in terms of products/line of business no operational history exists as on date. acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) 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