Mangal Compusolution Ltd

Mangal Compusolution Limited — Closure of trading window from Thursday, 1st October, 2026 up to 48 hours after the declaration of Unaudited Financial Results for the half-year ended 30th September, 2026.

AGM details

• AGM held on 24 September 2026 at 12:30 PM IST via VC/OAVM.

Resolutions

• Item 1: Adoption of annual audited financial statements approved; ordinary resolution.
• Item 2: Final dividend of Rs 0.50 per equity share approved.
• Item 3: Mukesh Desai re-appointed as director (retiring by rotation).

Voting results

• Resolution 1 passed with all votes in favour.
• Resolution 2 passed with all votes in favour.
• Resolution 3 passed; public in favour 561,050, against 3,000; promoter in favour.

Director changes

• Mukesh Desai retires by rotation; re-appointment approved.

AGM Details

• AGM held on Thursday, 24 September 2026 at 12:30 PM via VC/OAVM.
• Notice and Annual Report for year ended 31 March 2026 taken as read.
• Quorum declared and meeting chaired by the Chairperson.
• Scrutinizer appointed for e-voting at the meeting.
• Combined e-voting results to be announced and displayed on website and exchanges.
• Statutory Audit Report and Secretarial Audit Report had no qualifications.
• MD overview and CFO briefing on 2025-26 performance.

Dividend and key dates

• Final dividend Rs 0.50 per share (5%) for FY2025-26, subject to AGM approval.
• AGM scheduled for 24 September 2026.
• Record date set for 16 September 2026.
• Dividend payout date: by 23 October 2026.
• TDS on dividend applies at applicable rates; residents PAN 10%, non-PAN 20%.
• Documents for TDS compliance due by 16 September 2026.
• Bank details must be updated for electronic dividend credit.

Non-resident tax and compliance

• Non-resident withholding at 20% plus surcharge/cess.
• DTAA benefits optional; requires supporting documents and company discretion.
• DTAA declarations and TRC required to claim treaty benefits.

Financial snapshot

• FY2025-26 revenue from operations: ₹3,402.66 lakhs, up from ₹2,524.05.
• Total income: ₹3,832.71 lakhs, up from ₹2,732.84.
• Net profit after taxes: ₹604.51 lakhs.
• Basic EPS: ₹4.44; Diluted EPS: ₹4.44.

Segment performance

• Rental IT equipment revenue: ₹1,092.12 lakhs; down from ₹1,310.36.
• Sale of IT equipment: ₹829.75 lakhs; up from ₹490.84.
• IT maintenance services: ₹1,480.79 lakhs; up from ₹722.86.

Dividends & IPOs

• Final dividend: ₹0.50 per equity share.
• Record date: 16 September 2026.
• Dividend payout by 23 October 2026, subject to approval.
• IPO proceeds raised: ₹1,622.70 lakhs.
• IPO proceeds utilized: capex ₹1,295.88 lakh; corporate ₹193.82; IPO expenses ₹133.00; balance ₹0.

Capital structure & liquidity

• Authorized capital ₹15.00 crore; issued and paid-up ₹13.606 crore; no changes.
• BSE SME listing on 21 November 2024.
• Current ratio 1.54; debt-equity 0.42.

Governance & management

• Board: 6 directors; 3 independent; 1 MD; 1 Executive Director.
• Four board meetings in FY2025-26 with 100% attendance.
• Statutory auditors changed; Kothawade & Laddha appointed.
• Internal auditors: Anand R. Chandak & Co.
• Independent Directors met on 25 February 2026.

Controls & risk

• Internal financial controls adequate and effective.
• Audit Committee reviews internal audit reports and management responses.

CSR & sustainability

• CSR spend: ₹13.00 lakh; 2% of average net profit.
• Excess spend ₹4,255.92; carry-forward available for set-off.
• CSR project: Promoting education and skill development in Gandhinagar, Gujarat.

Outlook & strategic developments

• MD notes entry into AI-powered service robots; deployments at Mumbai hotels.
• Geographic presence now across Maharashtra, Gujarat, Telangana, Karnataka, Delhi; Tier 2/3 focus.
• Outlook: positive growth driven by AI, cloud adoption and flexible IT solutions.

AGM details

• Date, time, and mode: 24 Sept 2026, 12:30 PM, via VC/OAVM.
• Book closure: 17–24 Sept 2026; record date for final dividend: 16 Sept 2026.
• Remote e-voting period: 21–23 Sept 2026.

Resolutions

• Adopt audited financial statements for the year ended 31 March 2026.
• Declare final dividend per equity share.
• Re-appoint Mukesh Desai (DIN 03048577) retiring by rotation.
• Remuneration terms for Mukesh Desai's re-appointment: last drawn Rs 36.19 Lakh; up to Rs 50 Lakh.

Director details

• Mukesh Desai to be re-appointed as Executive Director (DIN 03048577).

CFO resignation

• Name of resigning CFO: Ankush Agal.
• Effective date of resignation (last working day): 24 September 2026.
• Reason for resignation: Personal reasons.
• Other material reasons: None stated.
• Board acceptance/taken on record: Not stated.
• Interim appointment: Not disclosed; one-month notice for handover.

Dematerialisation/rematerialisation compliance

• Registrar and Transfer Agent certifies compliance for the reporting quarter.
• CDSL certifies that dematerialized/rematerialized details were furnished to stock exchanges.
• NSDL certifies that dematerialized/rematerialized details were furnished to stock exchanges.