Manglam Global Corporations Posts Strong Revenue Growth and Increases Authorized Share Capital

Manglam Global Corporations Posts Strong Revenue Growth and Increases Authorized Share Capital​

Manglam Global Corporations Ltd (formerly Kshitij Investments Limited) has reported its 47th Annual Report for the financial year ended March 31, 2026. The company demonstrated a significant increase in total income, while also moving forward with corporate restructuring and managing related party transactions across various business segments.

The Board of Directors noted that the company’s primary engagement is in the trading, marketing, processing, import, export, and sale of agricultural and non-agricultural commodities, food products, and Fast-Moving Consumer Goods (FMCG). The Management Discussion and Analysis reported a positive outlook for this sector, supported by growing domestic consumption and increasing demand for quality and value-added products.

Financial Performance Highlights​

The company’s Standalone Financial Statements showed notable growth in revenue compared to the previous year.


The company’s financial health indicators showed improved profitability margins: the Return on Equity Ratio increased by 25,414%, and the inventory turnover ratio saw an increase of 8.89%. The Current Ratio stood at 2.81 in 2025-2026, up from 65.46 in 2024-2025.

Corporate Structure and Capital Enhancement​

A key strategic decision announced by the company was the proposal to increase its Authorized Share Capital. The Board recommended increasing the authorized share capital from ₹15 crore (divided into 1,50,00,000 equity shares of ₹10 each) to ₹20 crore (to be divided into 2,00,00,000 equity shares of ₹10 each). This move is aimed at providing adequate flexibility for future fund-raising and expansion plans.

Operational Updates and Management Focus​

The company operates in the food and agriculture sector, handling various commodities from grains and pulses to spices and vegetables. The management emphasized committing to sustainable growth through disciplined business practices and efficient working capital management.

During the review period, the company successfully acquired 100% of the equity share capital of Shri Krishnam Industries Private Limited, making it a Wholly Owned Subsidiary. Furthermore, the Board had approved the acquisition of Manglam Food Products Private Limited, although this transaction is currently ongoing and has not yet been completed.

Related Party Transactions (RPT) and Loans​

The Annual Report included detailed disclosure of transactions with related parties, which include companies under common directorship and/or common shareholding. These transactions cover multiple categories: commission/brokerage services, sale of agricultural commodities, and manufacturing/processing services.

Key limits for these proposed transactions were defined as follows:


In addition, the company granted a loan to Manglam Food Products Private Limited, with an outstanding carrying amount of ₹4,72,08,899 as at March 31, 2026. The company also received financial assistance from its affiliated parties through further investment in securities, totaling up to ₹15 Cr. for Shri Krishnam Industries Private Limited and ₹10 Cr. for Manglam Food Products Private Limited.

Governance and Statutory Compliance​

The Board of Directors held seven meetings during the financial year 2025-2026, maintaining a gap between consecutive meetings within the prescribed period. The company's directors affirmed compliance with the Code of Conduct. Furthermore, the management confirmed that no material changes affecting the financial position had occurred between the end of the fiscal year and the date of the Directors’ Report.

The Annual Report reflects continued commitment to governance, supported by an active Audit Committee which conducted five meetings during the period. The company's statutory auditor for the previous period, M/s. D M K H & Co., resigned on June 08, 2026, and M/s. A K B JAIN & CO. was appointed to fill the casual vacancy.

The full Standalone Financial Statements and Management Discussion and Analysis Report are available in the accompanying Annual Report.

Stock Price Movement​

Manglam Global Corporations Ltd. settled at ₹14.03 on Tuesday, edging higher after the share ticked up 4.94%. The shares remained completely flat throughout the trading session, with its high and low both locked precisely at ₹14.03.