NSEGeneral Updates9 Sept 2026 · 9 Sept 2026, 12:03 pm
General Updates
Mangal Credit and Fincorp Limited · MANCREDIT
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Mangal Credit and Fincorp Limited has announced the allotment of 3,500 Non-Convertible Debentures on a private placement basis, aggregating to ₹35,00,00,000. The debentures have a face value of ₹1,00,000 each and a tenure of 23 months. They will be listed on the BSE Limited and will have a coupon/interest rate of 11.50% p.a.
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Full Announcement
Intimation with respect to allotment of 3,500 Non-Convertible Debentures on Private Placement Basis
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MCFL_09092026120306_Intimation_under_Regulation_30.pdf
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Date: September 9, 2026
To, To,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Bandra-Kurla Complex,
Dalal Street, Fort, Mumbai-400001. Bandra (East), Mumbai: 400051.
Scrip Code: 505850 Scrip Symbol : MANCREDIT
Debt Scrip Code: 976597, 977659, 977808
Dear Sir/Madam,
Sub: Intimation under Regulation 30 and Regulation 51 of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 – Allotment of Secured, Listed,
Rated, Taxable, Transferable Redeemable, Non-Convertible Debentures.
This is with reference to the provisions of 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, and the approval conferred by the Board of Directors at its meeting held
on August 14, 2026, for raising of funds through issuance of Non-Convertible Debentures
(“NCDs”) on Private Placement basis, we wish to inform that the Loans and Advance
Committee (“the Committee”) at its meeting held today i.e. September 9, 2026, approved the
allotment of 3,500 (Three Thousand Five Hundred) fully paid, senior, secured, rated, listed,
redeemable, taxable non-convertible debentures, each having a face value of ₹1,00,000/-
(Indian Rupees One Lakh Only) aggregating to ₹35,00,00,000 (Indian Rupees Thirty Five Crore
only) on a Private Placement basis in terms of the in-principal approval of BSE Limited dated
May 18, 2026.
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 HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 updated as on January 30, 2026, amended from time to time, are given
below:
Sr. Particulars Details
1. Type of Securities Secured, Listed, Rated, Taxable, Transferable
proposed to be issued Redeemable, Non-Convertible Debentures having a
Face Value of ₹1,00,000 (Indian Rupees One Lakhs
Only) each (“NCDs”).
2. Type of Issuance (further Issuance of NCD on Private Placement basis.
public offering, rights
issue, depository receipts
(ADR/GDR), qualified
1701/ 1702, 17TH Floor, ‘A’ Wing, Lotus Corporate Park, Western Express Highway,
Goregaon (E), Mumbai – 400 063, CIN: L65990MH1961PLC012227
Tel: 22-42461300, Website: www.mangalfincorp.com info@mangalfincorp.com
institutions placement,
preferential allotment etc.)
3. Total Number of Securities Allotment of 3,500 (Three Thousand Five Hundred)
proposed to be issued or NCDs
the total amount for which
the securities will be
issued (approximately)
4. Size of Issue 3,500 (Three Thousand Five Hundred) NCDs having
a Face Value of ₹1,00,000 (Indian Rupees One Lakhs
Only) each, aggregating to ₹35,00,00,000 (Indian
Rupees Thirty Five Crore Only).
5. Proposed to be Listed Yes
6. Name of Stock Exchange(s) To be Listed on BSE Limited
7. Tenure of the Instrument- Tenor – 23 months
Date of Allotment and
Date of Maturity Date of allotment : September 9, 2026
Date of Maturity: August 9, 2028
8. Coupon/Interest offered 11.50% p.a. (subject to deduction of tax at source, as
applicable)
9. Schedule of payment of Schedule interest payment : Monthly
Coupon/Interest and
Principal
10. Charge / security, if any, Secured by way of a first ranking, exclusive and
created over the assets continuing charge on identified receivables which
shall be at all times equal to 1.05 times or 105% of
aggregate amount of principal outstanding.
11. Special right/ interest/ None
privileges attached to the
instrument and changes
thereof.
12. Delay in payment of Not Applicable
interest/principal amount
for a period of more than
three months
From due date or default in
payment of interest /
Principal.
13. Details of any letter or Not Applicable
comments regarding
1701/ 1702, 17TH Floor, ‘A’ Wing, Lotus Corporate Park, Western Express Highway,
Goregaon (E), Mumbai – 400 063, CIN: L65990MH1961PLC012227
Tel: 22-42461300, Website: www.mangalfincorp.com info@mangalfincorp.com
payment/non-payment of
interest, principal on
due dates, or any other
matter concerning the
security and /or the assets
along with its comments
thereon, if any
14. Details of redemption of As specified in Sr.No.9 of this table.
preference shares
indicating the manner of
redemption (whether out
of profits or out of fresh
issue) and debentures
You are requested to take the above information on record.
Thanking you,
Yours faithfully,
For Mangal Credit and Fincorp Limited
Hardik Meghraj Jain
Executive Director
DIN: 07871480
1701/ 1702, 17TH Floor, ‘A’ Wing, Lotus Corporate Park, Western Express Highway,
Goregaon (E), Mumbai – 400 063, CIN: L65990MH1961PLC012227
Tel: 22-42461300, Website: www.mangalfincorp.com info@mangalfincorp.com