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Mangal Electrical Industries approved FY26 audited results with ₹586.99 Crore total income. The board also approved a new employee stock option plan and auditor re-appointments.
Mangal Electrical Industries Ltd has scheduled a Board Meeting on May 13, 2026, to approve audited financial results for the year ended March 31, 2026. The board will also consider granting Employee Stock Options. Consequently, the trading window for designated persons remains closed until 48 hours after the results declaration.
Mangal Electrical Industries Ltd submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, prepared by Arms & Associates LLP, confirms the company's compliance with applicable SEBI regulations and statutory provisions. No material non-compliances or observations were reported by the practicing company secretary.
Mangal Electrical Industries Ltd received a renewal of its manufacturer approval from Power Grid Corporation of India Limited. Valid until April 2029, this accreditation for 765 kV class CRGO slitting and laminations reaffirms the company's strong position in the large power transformer segment for POWERGRID projects.
Mangal Electrical Industries Ltd received a GST demand order for ₹55.73 lakhs from the Rajasthan state tax authority. The demand relates to alleged irregular Input Tax Credit and GST on director corporate guarantees. The company intends to appeal the order before the Appellate Tribunal and maintains there is no immediate material financial impact.
Mangal Electrical Industries Ltd received an order from the Rajasthan State Tax Appellate Authority confirming a GST demand of ₹55.73 lakhs. The demand relates to alleged excess Input Tax Credit availment for FY 2017-18. The company intends to appeal the order before the Appellate Tribunal.
Mangal Electrical Industries Ltd reported net profit of ₹13.4 Cr (-1.5% YoY) for Q3 FY26.
Mangal Electrical Industries Ltd submitted its Regulation 74(5) certificate for the quarter ended March 31, 2026. The registrar, Bigshare Services Private Limited, confirmed that security certificates received for dematerialization were processed and listed on the exchanges within the mandated 15-day timeline.