21 Feb 2022 , 02:45 PM
Mangalam Organics Ltd has informed that “Mangalam Pooja Stores Private Limited” is incorporated as a new wholly-owned subsidiary of the Company under Companies Act, 2013 with effect from February 17,2022.
As per regulatory filing, the new company is incorporated to carry on the business of opening of Retail Pooja Stores for Pooja related products.
The Company along with its authorized representatives has subscribed to 50,000 equity shares of Rs. 10 each aggregating to Rs5 lakh.
At around 2:47 PM, Mangalam Organics was trading at Rs863.15 apiece down by Rs7.15 or 0.82% on the BSE. The scrip opened at Rs862.85 per piece today.
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