Mangalam Global Enterprise board approves up to 3,00,00,000 convertible warrants

• Type of instrument: Fully Convertible Equity Warrants, each convertible into an equivalent number of fully paid-up equity shares of the Company within the period of 18 (Eighteen) Months (Annexure-I, item a).
• Mode of issue: Preferential Allotment of Warrants on a private placement basis in accordance with Chapter V of SEBI ICDR Regulations and applicable law (Annexure-I, item b).
• Total number of warrants: The Company will issue and allot up to 3,00,00,00 (Three Crores) Convertible Warrants into an equivalent number of fully paid-up equity shares having a face value of ₹1/- each (Annexure-I, item c).
• Issue price: The issue price will be determined at a later stage in accordance with Chapter V of the SEBI ICDR Regulations as amended and applicable law (Annexure-I, item c and Annexure-A "Issue Price").
• Tenure and conversion: The tenure of the Warrants shall not exceed 18 (Eighteen) months from the date of allotment. Each warrant shall carry a right to subscribe 1 (One) Equity Shares per warrant, which may be exercised in one or more tranches during the period commencing from the date of allotment of warrants until the expiry of 18 (Eighteen) months from the date of allotment of warrants (Annexure-I, item d(iii)).
• Lapse and forfeiture: If a warrant holder does not exercise the warrants within 18 (Eighteen) months from the date of allotment, the unexercised warrants shall lapse and the amount paid on such warrants shall stand forfeited by the Company (Annexure-I, item d(iii)).
• Investors and category: Total 4 (Four) investors from promoter/Promoters Group category of the Company (Annexure-A).
• Named allottees (promoter / promoter group):
  • Chandragupt Prakash Mangal – Promoter
  • Chanakya Prakash Mangal – Promoter
  • Tanisha Mangal – Promoter Group
  • Honey Mangal – Promoter Group (Annexure-I, item d(i) and Annexure-A).

According to Annexure-A ("Post allotment of securities outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors"):

• Chandragupt Prakash Mangal (Promoter):

  • Pre issue Holding: 5,72,68,200 Equity Shares; Holding % of Equity Shares: 17.38
  • Proposed allotment: 1,00,00,000
  • Post issue Holding: 6,72,68,200; Holding % of Equity Shares: 18.71

• Chanakya Prakash Mangal (Promoter):

  • Pre issue Holding: 5,47,32,250 Equity Shares; Holding % of Equity Shares: 16.61
  • Proposed allotment: 1,00,00,000
  • Post issue Holding: 6,47,32,250; Holding % of Equity Shares: 18.00

• Tanisha Mangal (Promoter Group):

  • Pre issue Holding: 0; Holding % of Equity Shares: 0
  • Proposed allotment: 45,00,000
  • Post issue Holding: 45,00,000; Holding % of Equity Shares: 1.25

• Honey Mangal (Promoter Group):

  • Pre issue Holding: 11,42,000 Equity Shares; Holding % of Equity Shares: 0.35
  • Proposed allotment: 55,00,000
  • Post issue Holding: 66,42,000; Holding % of Equity Shares: 1.85

• The board meeting commenced at 12:45 p.m. and concluded at 02:00 p.m. on Friday, November 06, 2026 (board's outcome letter).
• The issue of Convertible Warrants is subject to the approval of regulatory/ statutory authorities and the shareholders of the Company (board's outcome letter and Annexure-I, item c).
• The board has approved the Notice of Postal Ballot to seek members' approval by way of Special Resolutions, and a calendar of events relating to the postal ballot process (board's outcome letter, item 2).
• A Scrutinizer has been appointed: Mr. Rajesh Parekh, Partner of RPSS & Co., Practicing Company Secretary (Membership No. 8073, CP No. 2939), to conduct the postal ballot process in a fair and transparent manner (board's outcome letter, item 3).
• The company states that the copy of the notice of Postal Ballot will be submitted to the stock exchanges as soon as it is sent to the eligible shareholders and will also be hosted on the website of the Company at www.groupmangalam.com (board's outcome letter, item 2).

• This filing does not specify any record date or ex-date for a buyback, bonus issue, dividend or for the warrant issue.
• Eligibility to vote on the Postal Ballot and to receive warrants, if and when approved and allotted, will be determined as per the terms that will be set out in the Postal Ballot Notice and in subsequent disclosures. Those terms are not detailed in this filing.

Investors looking specifically for a buyback, bonus issue or dividend record date should note that this outcome letter and its annexures only cover the proposed preferential issue of convertible warrants and related postal ballot arrangements.