NSEGeneral Updates2d ago · 10 Nov 2026, 09:33 am

General Updates

Mangalam Global Enterprise Limited · MGEL

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Mangalam Global Enterprise Limited has received in-principal approval for the proposed listing of Non-Convertible Securities on private placement basis from National Stock Exchange of India Limited (NSE). The approval is subject to adequate disclosures and compliance with applicable guidelines.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10

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Mangalam Global Enterprise Limited has informed the Exchange about General Updates

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MGEL_10112026092905_MGEL-In-principleapprovalforProposedNCD_Signed.pdf

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REF: MGEL/CS/SE/2026-27/66 Date: November 10, 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 Sub: Receipt of In-Principal approval for proposed listing of Non-Convertible Securities on private placement basis to be issued in various tranches by Mangalam Global Enterprise Limited (the Company) from National Stock Exchange of India Limited (NSE). Ref: Letter of NSE vide Ref. No. NSE/LIST/11088 dated November 09, 2026. Dear Sir/Madam, Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read together with the circulars and notifications issued thereunder (“Listing Regulations”), we hereby inform that the Company has received In-Principal approval for proposed listing of Non-Convertible Securities on private placement basis to be issued in various tranches by the Company from NSE on November 09, 2026. Copy of the same is enclosed herewith for your reference and records. You are requested to take the same on record. Thanking You, Yours faithfully, For, Mangalam Global Enterprise Limited Karansingh I. Karki Company Secretary & Compliance Officer Membership No. A30021 Encl: 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 Ref. No.: NSE/LIST/11088 November 09, 2026 The Company Secretary Mangalam Global Enterprise Limited 101, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, Gujarat - 380009 Dear Sir/Madam, Sub.: In-principle approval for listing of Non-Convertible Securities on private placement basis This is with reference to your application requesting in-principle approval for General Information Document dated November 06, 2026 for proposed listing of Non-Convertible Securities on private placement basis to be issued in various tranches by Mangalam Global Enterprise Limited. In this regard, the Exchange is pleased to grant in-principle approval for the said issue, subject to adequate disclosures to be made in the General Information Document in terms of SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 as amended from time to time, applicable SEBI Circulars and other applicable laws in this regard and provided the Company prints the Disclaimer Clause as given below in the General Information Document after the SEBI disclaimer clause: “As required, a copy of this General Information Document has been submitted to National Stock Exchange of India Limited (hereinafter referred to as NSE). It is to be distinctly understood that the aforesaid submission or in-principle approval given by NSE vide its letter via ref. No.: NSE/LIST/11088 dated November 09, 2026 or hosting the same on the website of NSE in terms of SEBI (Issue And Listing of Non-Convertible Securities) Regulations, 2021 as amended from time to time, should not in any way be deemed or construed that the document has been cleared or approved by NSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of the contents of this document; nor does it warrant that this Issuer’s securities will be listed or will continue to be listed on the Exchange; nor does it take any responsibility for the financial or other soundness of this Issuer, its promoters, its management or any scheme or project of this Issuer. Every person who desires to apply for or otherwise acquire any securities of this Issuer may do so pursuant to independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any loss which may be suffered by such person consequent to or in connection with such subscription /acquisition whether by reason of anything stated or omitted to be stated herein or any other reason whatsoever” Please note that the approval given by us should not in any way be deemed or construed that the General Information Document has been cleared or approved by NSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of the contents of this document; nor does it warrant that the securities will be listed or will continue to be listed on the Exchange; nor does it take any responsibility for the financial or other soundness of the Company, its promoters, its management or any scheme or project. Continuation Sheet Ref. No.: NSE/LIST/11088 November 09, 2026 The in-principle approval granted by the Exchange is subject to the below: 1. the Issuer shall submit to the Exchange prior to opening of the issue and at the time of listing, a valid credit rating letter/rationale covering the total issuance amount under the Key Information Document. 2. these Non-Convertible Securities may be listed on the Exchange after the allotment process has been completed, provided these securities of the issuer are eligible for listing on the Exchange and the issuer fulfills the listing requirements of the Exchange. 3. the Issuer shall ensure compliance with all the applicable guidelines issued by appropriate authorities from time to time including SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 as amended from time to time, applicable SEBI Circulars, and other applicable laws in this regard. Specific attention is drawn towards Para 1 of Chapter XV of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. Accordingly, Issuers of privately placed debt securities in terms of Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 and for whom accessing the electronic book platform (EBP) is not mandatory shall upload details of the issue with any one of the EBPs within one working day of allotment of securities. The details can be uploaded using the following link: https://www.nse-ebp.com This in-principle approval shall be valid for a period of one year from the date of opening of the first issue of securities under this General Information Document. Kindly note that such first issue of securities under this General Information Document should be opened within one year from the date of this letter. Kindly note, this Exchange letter should not be construed as approval under any other Act /Regulation/Rule/Bye laws (except as referred above) for which the Company may be required to obtain approval from other department(s) of the Exchange. The Company is requested to separately take up matter with the concerned departments for approval, if any. Yours faithfully, For National Stock Exchange of India Limited Bansri Gosalia Senior Manager