Mangalam Cement Ltd

Mangalam Cement Limited: Trading window will remain closed from 1st October, 2026 till 48 hours after the declaration of the Un-audited Financial Results for the quarter and half year ending 30th September, 2026.

AGM details and outcome

• AGM held on 21 August 2026; time and mode not stated.
• All resolutions set out in the notice approved with requisite majority.
• Voting results and scrutinizer report attached as Annex-1 and Annex-2.

AGM Details

• AGM held on 21 August 2026 at 2:00 PM IST via VC/OAVM.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Declare final dividend of Rs 1.50 per equity share.
• Resolution 3 (Ordinary): Re-appoint Gaurav Goel, retiring by rotation.
• Resolution 4 (Ordinary): Ratify remuneration of Cost Auditors for FY 2026-27.
• Resolution 5 (Special): Increase borrowing limits to Rs 3,000 crore under Section 180(1)(c).
• Resolution 6 (Special): Create charge on assets up to Rs 3,000 crore under Section 180(1)(a).
• Resolution 7 (Special): Approve loans/guarantees/investments beyond Section 186 limits.
• Resolution 8 (Special): Consent to advance loans/guarantees/securities to persons in which any director is interested (Section 185).

Trading volume surge clarification

• Company states no material event or price-sensitive information pending disclosure.
• There is no known specific reason for the surge; activity appears market-driven and outside company control.
• Company has complied with SEBI LODR and disclosed material events within mandated timelines.
• Reasonable enquiries will be made and trading activity monitored; disclosures will follow if required.
• Commitment to timely, transparent disclosures under SEBI LODR and applicable laws.

Financial highlights

• Revenue from operations: ₹45,521.73 lakhs.
• Total income: ₹46,582.48 lakhs.
• Net profit: ₹1,807.11 lakhs.
• EPS: ₹6.57 (basic & diluted).
• PBT: ₹2,364.19 lakhs; Tax: ₹557.08; PAT: ₹1,807.11.
• Finance costs: ₹1,826.82 lakhs; Depreciation: ₹2,207.27.
• Single reportable segment: cement.
• Auditors conducted limited review; no audit opinion expressed.
• No exceptional items in the current quarter.

Notes on basis and comparatives

• Quarter ended 30.06.2026 is unaudited; prior quarter 31.03.2026 is audited per note.
• Comparison shown is to the corresponding quarter of the previous year (Q1 FY26).

Solar power project update

• Suryadeep RJ-1 Projects Private Limited is the SPV for the PPA.
• 17 MW AC (22 MW DC) solar plant commissioned at Barmer, Rajasthan.
• Developed on a Build-Own-Operate basis under Group Captive Open Access.
• STOA effective from 6 August 2026; supply to Mangalam Cement commenced.
• Expected reduction in power costs and higher renewable energy share.