MGEL2023-04-012023-06-30 MGEL2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member MGEL2023-06-30 MGEL2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member MGEL2023-04-012023-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MGEL NOTLISTED Mangalam Global Enterprise Limited Equity 2023-04-01 2024-03-31 2023-08-09 2023-08-02 INR Lakhs First quarter 15:00:00 15:50:00 2023-08-09 2023-08-09 Not applicable Single segment The Company is mainly engaged in Agro based Commodities and which is considered as only a reportable primary business segment as per Indian Accounting Standard Operating Segment (IndAS-108). As such, no separate disclosure for Segment Reporting is made. 2023-04-01 2023-06-30 Unaudited Standalone 2852099000.00 25008000.00 2877107000.00 2190010000.00 492692000.00 -37991000.00 19965000.00 64105000.00 9298000.00 99882000.00 2837961000.00 39146000.00 0.00 39146000.00 0.00 -1378000.00 -1378000.00 0.00 40524000.00 0.00 0.00 0.00 0.00 40524000.00 1840000.00 42364000.00 0.00 0.00 288361000.00 2 0.28 0.28 0.00 0.00 0.28 0.28 0.00 0.00 0.00 1. The above Unaudited Standalone Financial Results of Mangalam Global Enterprise Limited (the company) for the quarter ended on 30 June 2023 were reviewed and recommended by the Audit committee and approved by the Board of Directors, at their respective meeting held on 9 August 2023. These results have been subject to limited review by the Statutory Auditors. 2. The above Standalone Financial Results are prepared in accordance with the Indian Accounting Standards (“Ind AS”) prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standard) Rules, 2015 (as amended). 3. The figures for the quarter ended 31 March 2023 are the balancing figures between the audited figures in respect of full financial year and the year-to-date figures up to the third quarter ended on 31 December 2022 which were subject to limited review. 4. During the quarter warrant holders have exercised their right to convert 1125000 convertible warrants and paid balance 75% (Rs. 39/- per warrant) of the issue price of the warrants, aggregating to Rs. 4,38,75,000/- and the Board of Directors of the Company, at their meeting held on 18 April 2023 allotted 5625000 equity shares of face value of Rs. 2/- each (premium of Rs. 8.40/- per equity share) pursuant to exercise of option. 5. The Crushing activities has been discontinued at Bundi Plant with effect from 7th June, 2023, during the quarter under review. 6. Commercial Production / Commercial Operations at the Castor Unit situated at Kapadvanj has been started w.e.f. 3rd April 2023 during the quarter under review. 7. The financial results include those for the Agro Business units acquired from H M Industrial Private Limited with effect from 20 September 2022 and hence the figures for the period 31 March 2023 as well as 30 June, 2023 are not comparable with the previous period corresponding figures. 8. The Company is mainly engaged in Agro based Commodities and which is considered as only reportable primary business segment as per Indian Accounting Standard Operating Segment (Ind AS - 108). As such, no separate disclosure for Segment Reporting is made. 9. Previous Statutory Auditors M/s. K K A K & Co., Chartered Accountants (FRN: 148674W) resigned with effect from 15 May 2023, due to increased professional pre-occupation in other assignment. 10. Proceeds received against conversion of outstanding 1125000 warrants in to equity shares, amounting to Rs. 4,38,75,000/-, has been fully utilised as per the object of such issue of convertible warrants and no fund is pending to be utilised at the end of quarter (i.e. 30 June 2023) 11. Previous year’s/ period’s figures have been regrouped/ rearranged/ reclassified wherever considered necessary. Other Expences 99882000.00 Items that will not be reclassified to profit and loss account (net of tax) 1853000.00 1853000.00 0.00 Items that Will Be Reclassified to Profit & Loss (Net Of Tax) -13000.00 -13000.00 0.00