Mangalam Worldwide Ltd To Hold Board Meeting To Consider Debt Conversion Into Equity Shares
Mangalam Worldwide Limited announced that its Board of Directors will convene a meeting on Friday, June 26, 2026. The primary agenda item for the meeting is centered on approving an enabling resolution related to the conversion of the company's outstanding debt into equity shares.The meeting is scheduled to consider and approve the necessary resolution pertaining to converting secured or unsecured loan(s)/debt into equity shares of Mangalam Worldwide Limited. This action is subject to the approval of the Company’s shareholders, along with any other required regulatory consents and permissions.
In addition to addressing the debt conversion matter, the board meeting is also slated to review any other pertinent business matters related to the company.
MWL Stock Price Movement
Shares of Mangalam Worldwide Limited slipped today, shedding 1.40% to settle at ₹372.70 as trading closed. The equity saw 46,874 shares change hands during the session, trading down from its previous close.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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