Mangalam Alloys MD, chairman, board of directors and AGM
NSE: MALIndustrial Products
Share price at the NSE close on 23 Oct 2026. Previous close ₹34.50.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹81 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 29 May 2026
- 5.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 0.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 29 May 2026
- 9.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 1.87
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 19,200100.0% delivered
Mangalam Alloys board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Bhupendra J. Shah & AssociatesPeer-review certificate valid to Feb 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Mangalam Alloys AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mangalam Alloys share news and announcements
Annual general meeting, 30 Sep 2026
1,584 shareholders on the register on 23 Sep 2026; present: 4 promoters and 23 others; votes counted by Gaurang Radheshyam Shah / G R Shah & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2026 comprising of the Balance Sheet as at March 31, 2026, Statement of Profit & Loss Account and Cash Flow Statement as on that date and the Explanatory Statements annexed thereto, and forming part of, any of the above documents together with the Report of the Board of Directors’ and Auditors’ thereonMoreLess
Ordinary97.62% for2.38% againstAgainst: promoters 0.00% · institutions 0.00% · other public 97.71%
Turnout: all 57.96% · promoters 94.65% · institutions 0.00% · other public 3.57%
- To appoint a Director in place of Mr. Tushar Uttamchand Mehta (DIN: 00187046) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary97.62% for2.38% against
Against: promoters 0.00% · institutions 0.00% · other public 97.71%
Turnout: all 57.96% · promoters 94.65% · institutions 0.00% · other public 3.57%
To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the Financial Year 2026-27 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013MoreLess
Ordinary97.62% for2.38% againstAgainst: promoters 0.00% · institutions 0.00% · other public 97.71%
Turnout: all 57.96% · promoters 94.65% · institutions 0.00% · other public 3.57%
- To Regularize Mrs. Megha Tushar Mehta (DIN: 07195005) as an Executive Director of the CompanySpecialPromoters have an interest in it97.48% for2.52% against
Against: promoters 0.00% · institutions 0.00% · other public 97.71%
Turnout: all 54.69% · promoters 89.18% · institutions 0.00% · other public 3.57%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeAppeal Before the Hon'ble Joint Commissioner (Appeal-I),SGST,GandhinagarSince 8 Aug 2023Hearing PendingAt the filing before: Reversal of Input Tax Credit of Cancelled Supplier
- Tax disputeAppeal Before the Hon'ble Commissioner CGST (Appeals),AhmedabadSince 31 Jan 2025Hearing PendingAt the filing before: Reversal of Input Tax Credit
- Tax disputeGVAT TribunalSince 14 Mar 2018Stay Granted & Matter pending at GVAT TribunalAt the filing before: On ground of the 2% reduction of ITC of OGS sales as well as reduction of ITC of fuel
- Tax disputeCustomsSince 13 Feb 2025Order AwaitedAt the filing before: Re-Imported Stainless Steel Fastners
- Tax disputeAppeal (SGST) GandhinagarSince 10 Mar 2024Hearing PendingAt the filing before: Reversal of Input Tax Credit of Cancelled Supplier
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Public IssuesOct 2023 | 54.91 | Working Capital | 27.00 | 27.00 | No | Audit committee: The Committee has noted that there is no deviation |
| Public IssuesOct 2023 | 54.91 | Capital Expansion for business expansion and research and development | 5.33 | 0.40 | No | Audit committee: The Committee has noted that there is no deviation |
| Public IssuesOct 2023 | 54.91 | General Corporate Purpose | 12.25 | 5.49 | No | Audit committee: The Committee has noted that there is no deviation |
| Public IssuesOct 2023 | 54.91 | Issue Expense | 4.43 | 4.43 | No | Audit committee: The Committee has noted that there is no deviation |