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Mangal Credit and Fincorp raises Rs 10 crore through NCDs

21 May 2026 Evaluate

Mangal Credit and Fincorp has raised Rs 10 crore through allotment of non-convertible debentures (NCDs). The company has allotted 1,000 fully paid, senior, secured, rated, listed, redeemable, taxable NCDs, each having a face value of Rs 1,00,000 each, on private placement basis. The NCDs have a tenure of 21 months and carry a coupon rate of 11.75% per annum (subject to deduction of tax at source, as applicable).

Mangal Credit and Fincorp is a listed non-banking financial services company offering gold loans, personal loans and SME loans.

Mangal Credit & Fin Share Price

218.15 -8.10 (-3.58%)
21-Aug-2026 16:59 View Price Chart
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