Mangalam Global Enterprise Limited (MGEL) has announced its strategic plan to expand its wellness brand, "NEAT EVERYDAY," by opening 100 new retail stores across India. This expansion is targeted for completion by March 2028.

The company cited strong market acceptance and positive consumer response for the "NEAT EVERYDAY" product range as the driving force behind this initiative. MGEL anticipates that each new store will be earnings accretive, benefiting from the higher profit margins associated with these wellness products.

This announcement was made on January 13, 2025, and is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.