Mangalam Global Enterprise Limited (MGEL) has announced the incorporation of its wholly-owned subsidiary, "Mangalam Global General Trading FZE," in Dubai.

This move is a continuation of the company's strategic decisions, following up on a board meeting outcome intimated earlier. The new subsidiary, previously proposed to be named "Mangalam Global Dubai LLP," aims to facilitate the company's business operations in a more focused manner within the general trading sector.

The subsidiary has a registered capital of AED 36,70,000 (approximately ₹81.77 Lakhs) and was incorporated on December 25, 2025, with the trade license issued on January 12, 2026. As the subsidiary has yet to commence business operations, its turnover is not applicable at this stage. The incorporation involved a 100% subscription to the share capital in cash at face value. Necessary RBI approvals will be obtained if required.