Government of India Unveils ₹5 Stamp Honouring Mangal Family Business Legacy
Ahmedabad, June 1, 2026: The Government of India unveiled a ₹5 Corporate Stamp, recognizing the enduring business legacy of the Mangal family. The stamp pays tribute to Late Shri Tejmal Ji Mangal, whose entrepreneurial vision laid the foundation for the Mangal family business in 1942.In a ceremony held at the headquarters of Mangalam Worldwide Limited (MWL) in Ahmedabad, the stamp was unveiled in the presence of Mr. Vipin Prakash Mangal, Chairman of Mangalam Worldwide Limited. Also present were Mr. Chandragupt Prakash Mangal and Mr. Chanakya Prakash Mangal, representing the fourth generation of the family business.
The unveiling marked a tribute to the vision of Late Shri Tejmal Ji Mangal, whose journey began as a modest trading venture in 1942. The family business has since evolved into a respected, diversified industrial legacy, celebrating eight decades of continuous growth and contribution to India's industrial and economic development.
Speaking during the event, Mr. Vipin Prakash Mangal noted that the Government of India stamp serves as a recognition of not only an individual, but of a journey nurtured across four generations. He emphasized that the legacy, built on the unwavering values of integrity, perseverance, and commitment established by his grandfather, continues to guide the group's expansion.
The commemorative stamp symbolises the founder's significant contribution to Indian enterprise, honouring a business that has remained relevant and resilient for over eight decades.
Mangalam Worldwide Limited Overview
Mangalam Worldwide Limited (MWL) is a leading manufacturer and exporter of stainless steel. While the company’s founding roots trace back to 1942, MWL itself was established in 1995 and operates as a fully integrated stainless steel manufacturer.The company's sophisticated infrastructure supports operations from scrap melting to the production of various steel products, including seamless pipes and tubes, billets, ingots, flat bars, and round bars.
Key operational details for Mangalam Worldwide Limited are as follows:
| Parameter | Detail |
|---|---|
| Establishment Year | 1995 |
| Product Range | Seamless pipes & tubes, SS billets, ingots, flat bars, round bars, bright bars, heat exchanger tubes, and U-tubes. |
| Operational Scope | Fully integrated stainless steel manufacturer. |
| Plant Locations | Halol (Unit I), Changodar (Unit II), and Kapadvanj (Unit III & Unit IV), Gujarat. |
| Total Installed Capacity | More than 1,90,000 MTPA |
| Total Area Covered | Over 1,25,000 square meters |
| Workforce | 750+ people |
MWL Stock Price Movement
Mangalam Worldwide Limited shares slipped by 0.92% today, settling at ₹376.65. Trading saw a volume of 42,953 shares, with the stock remaining notably below its 52-week high of ₹388.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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