Mangalam Global Enterprise Limited (MGEL) has announced the incorporation of its wholly owned subsidiary, "MANGALAM NEATEVERYDAY PRIVATE LIMITED." This new entity, formerly proposed as MANGALAM NUTRACEUTICALS AND WELLNESS PRIVATE LIMITED, was officially incorporated with a digital signature dated December 26, 2025, by the Registrar of Companies-Central Registration Centre (ROC-CRC). The subsidiary has an authorized capital of ₹1,00,000 and a paid-up capital of ₹1,00,000, divided into 10,000 equity shares of ₹10 face value each. The company has subscribed to these shares in cash, amounting to ₹1,00,000, to fulfill the minimum member requirements. MANGALAM NEATEVERYDAY PRIVATE LIMITED is set to engage in the manufacturing or trading of Nutraceutical, Wellness, Cosmetics, and Ayurvedic healthcare products. The incorporation is expected to enable MGEL to pursue certain business segments in a more focused manner. As the entity has yet to commence its business operations, its size and turnover are not applicable at this stage. The incorporation of this wholly owned subsidiary is considered a related party transaction, as it is an entity of the Company.