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The latest announcement is out from Mangalam Global Enterprise Ltd. ( (IN:MGEL) ).
Mangalam Global Enterprise Ltd. has initiated a postal ballot process to seek shareholder approval for its Employee Stock Option Plan 2026, including the grant of stock options to eligible employees of the company as well as those of its wholly owned and other subsidiary companies. The voting will be conducted exclusively through remote e-voting between January 22 and February 20, 2026, with electronic dispatch of the ballot notice to shareholders whose email IDs are registered, and an independent scrutinizer appointed to oversee the process; the outcome, which will determine the implementation of the ESOP framework and its potential role in employee incentivization and group-wide talent retention, will be announced within two working days of the voting period’s conclusion and posted on the company’s and stock exchanges’ websites.
More about Mangalam Global Enterprise Ltd.
Mangalam Global Enterprise Ltd., part of the Mangalam Group with a legacy dating back to 1942, operates as a diversified enterprise listed on both the National Stock Exchange of India and BSE. The company serves its markets through multiple subsidiaries and positions itself as a trusted provider of products and services across its business segments, though this notice focuses primarily on its corporate governance and capital market–related activities rather than specific operating lines.
Average Trading Volume: 40,672
Technical Sentiment Signal: Strong Sell
Current Market Cap: 4.1B INR
See more data about MGEL stock on TipRanks’ Stock Analysis page.