Mangalam Organics Limited - 514418 - Announcement under Regulation 30 (LODR)-Acquisition
We wish to inform you that the Company has further acquired 40,000 equity shares of Mangalam Pooja Stores Private Limited ('MPSPL''), a Subsidiary Company on March 31, 2023 at a price of INR 10/- per equity share, out of the total 50,000 equity shares of face value of Rs 10/- each allotted by MPSPL under Preferential issue. Pursuant to the above acquisition, MPSPL has ceased to be a wholly owned subsidiary (100%) of the Company and will now be a 'Subsidiary Company' (90%).31-03-2023