Mangalam Worldwide to Migrate to NSE Main Board Effective September 18

18 Sep 2025 CW Team

Mangalam Worldwide (MWL), a fully integrated stainless-steel manufacturer, has received final approval from the National Stock Exchange of India (NSE) to migrate its equity shares from the SME Platform (Emerge) to the Capital Market Segment (Main Board). The migration will take effect on September 18, 2025.

The migration, involving 2,97,00,674 fully paid-up equity shares with a face value of Rs 10 each, marks a major milestone in MWL’s growth journey and reflects its strong business fundamentals and market confidence.

Commenting on the development, Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide, said, “Our migration to the NSE Main Board is a proud milestone for Mangalam Worldwide as it reaffirms the market’s confidence in our business fundamentals, growth strategy, and long-term vision. This transition will further enhance our visibility, provide access to a wider investor base, and strengthen our ability to deliver sustainable value to all stakeholders.”

The transition is expected to boost investor participation, expand market reach, and strengthen the company’s strategy to scale operations and increase exports. MWL currently operates across 20 countries, including Asia, Africa, the Middle East, Europe, Russia, Thailand, the USA, Canada, Brazil, and Mexico.

With this approval, Mangalam Worldwide is set to complete its migration to the NSE Main Board, further consolidating its presence in domestic and global markets.

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