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Mangal Credit and Fincorp informs about allotment of non-convertible debentures

26 Nov 2025 Evaluate

With reference to its intimation dated November 13, 2025 relating to raising funds by the issue of Non-Convertible Debentures (‘NCDs’) on Private Placement basis and in accordance with Regulation 30 and Regulation 51 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, Mangal Credit and Fincorp has informed that through resolution passed by Loans and Advance Committee (‘Committee’) at the meeting held on November 26, 2025 approved the allotment of 1,000 fully paid, senior, secured, rated, listed, redeemable, taxable non-convertible debentures, each having a face value of INR 1,00,000/- at an issue price of INR 99,752.60 i.e., at an interest discount of INR 247.40 per debenture, each aggregating to INR 10,00,00,000/- on Private Placement basis in terms of the in principal listing approval of BSE Limited dated March 25, 2025. The NCDs have been allotted by the Company on the following terms and conditions and 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 above information is a part of company’s filings submitted to BSE.

Mangal Credit & Fin Share Price

169.15 -1.75 (-1.02%)
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