In compliance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Mangal Credit and Fincorp has informed that the Board of Directors of the Company at its meeting held today, considered and approved the proposal to raise funds through the issuance of Non-Convertible Debentures and Green Shoe Options (collectively referred to as ‘Debt securities’) on a private placement basis in the form of secured, listed, rated, redeemable for an amount of up to INR 25,00,00,000. The details as required under Regulation 30 of the Listing Regulations read with disclosures requirement stipulated in Section V-A of event based disclosures related to Issuance of Securities under SEBI Master Circular bearing reference number SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, amended from time to time, are enclosed. The Board Meeting commenced at 12.00 pm and concluded at 12.36 pm and the above information is also being made available on the Company’s website: www.mangalfincorp.com.
The above information is a part of company’s filings submitted to BSE.
