BSECompany Update3d ago · 24 Jul 2026, 07:22 pm

Announcement Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Mangalam Worldwide Ltd · 544764

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Mangalam Worldwide Ltd received a notice from BSE regarding a fine for alleged delay in submitting financial results for Q1 FY2026. The company has submitted a waiver application to BSE and claims to have fully complied with Regulation 33 by submitting results to NSE, which is the only exchange on which its securities are listed.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment5/10

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Mangalam Worldwide Ltd - 544764 - Announcement Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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Ref: MWL/CS/SE/2026-27/105 Date: July 24, 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 Sub: Intimation of Comments of the Board of Directors on Notice Received from BSE Limited Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). Dear Sir / Madam, This is to inform that the Company has received a Notice bearing Reference No. SOP-Review- 30/06/2026 dated June 30, 2026 from BSE Limited regarding the levy of a fine in connection with the alleged delay in submission of the Financial Results for the quarter and financial year ended March 31, 2026 under Regulation 33 of the Listing Regulations. The said matter was placed before the Board of Directors at its meeting held on July 24, 2026 for its consideration and noting. The Board took note that in view of the facts, it is respectfully submitted that the alleged non- compliance under Regulation 33 of Listing Regulations is based on an inadvertent misunderstanding of the applicable regulatory position. Since the Company had fully complied with the provisions of Regulation 33 by timely submitting the Financial Results to NSE, being the only stock exchange on which its securities were listed on the relevant date, no default or non- compliance can be attributed to the Company. Considering the facts, the Company has already submitted a detailed Waiver Application to BSE Limited vide its letter bearing Reference No. MWL/CS/SE/2026-27/91 dated July 10, 2026, setting out the relevant facts and circumstances and requesting waiver of the fine imposed. The Company remains committed to maintaining the highest standards of corporate governance, regulatory compliance, and timely disclosures, and will keep informed of any material developments in this matter, as and when required under the applicable laws and regulations. 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 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