Manglam Global Approves ₹20 Crore SBI Cash Credit Enhancement

Board approved enhancement of the SBI cash credit/working capital facility from Rs 4.8 Cr to an aggregate limit of up to Rs 20 Cr, and investment of up to Rs 2 Cr in wholly owned subsidiary Shri Krishnam Industries Private Limited. The expanded working capital facility materially increases available borrowing capacity, while the subsidiary investment supports additional business funding. Both actions remain subject to bank sanction and applicable statutory requirements. The filing does not disclose the purpose of the incremental borrowing, expected returns from the subsidiary investment, financing terms, or drawdown status. The Company Secretary resigned for personal reasons and will be replaced effective 1 September 2026.