General Updates

Date: September 18, 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, 978135 Dear Sir/Madam, Sub: Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Clarification to 7th Resolution titled as “Authorization to Create, Offer, Issue and Allot Convertible Equity Warrants on a Preferential Basis” read with the corresponding disclosures contained in the Item No.7 of the Explanatory Statement of the Notice convening 64th Annual General Meeting. With regard to the captioned matter, please be informed that, in connection with the 7th Resolution proposed by way of Special Resolution for the issuance of upto 25,00,000 (Twenty Five Lakh) Convertible Equity Warrants to Promoters as well as Non-Promoter on a preferential basis, and corresponding disclosures made under the Item no.7 of the Explanatory Statement to the said Resolution forming part of the Notice convening the 64th Annual General Meeting, the Shareholders of the Company are hereby requested to take note of the following clarification; A. Point no.3 of the disclosures to be read as under: 3. Intention of the Promoters, Directors or Key Managerial Personnel or Senior Management to subscribe to the offer: Except Mr. Meghraj Sohanlal Jain, Mr. Hardik Meghraj Jain, Ms. Indra Meghraj Jain, Ms. Seema Ajit Jain and Ms. Ritu Jain (Promoter to be categorized) Promoter of the Company and proposed allottees, no other member belonging from Promoters, Promoter Group, Directors or Key Managerial Personnel or Senior management has given their intention to subscribe the preferential issue B. Point no.13 of the disclosures to be read as under: 13. Lock-in Period: In accordance with the provisions of the SEBI ICDR Regulations, the entire pre-preferential shareholding of the proposed allottees, if any, shall be subject to locked-in from the Relevant Date up to a period of 90 trading days from the date of allotment of Convertible Equity Warrants. 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 Further, save as otherwise provided under the SEBI ICDR Regulations, the warrants proposed to be allotted shall remain locked-in for a period of one year from the date of their allotment. C. We wish to clarify that, Ms. Ritu Jain shall be categorised under the “Promoter” category post allotment of the aforesaid Convertible Equity Warrants. D. The pre-allotment and post-allotment category status of the proposed allottees is provided below; Sr. Name of the Proposed Allottees Pre-allotment Category Post allotment Category 1 Mr. Meghraj Sohanlal Jain Promoter Promoter 2 Mr. Hardik Meghraj Jain Promoter Promoter 3 Ms. Indra Meghraj Jain Promoter Promoter 4 Ms. Seema Ajit Jain Promoter Promoter 5 Ms. Ritu Jain Non-Promoter Promoter 6 Ms. Disha Jagdish Jain Non-promoter Non-Promoter The aforesaid clarifications shall be read in conjunction with the Notice of the 64th Annual General Meeting already circulated to the members of the Company. Save and except for the aforesaid clarifications, there is no change in the Notice of the 64th Annual General Meeting, including the resolutions proposed therein and the other disclosures contained in the Explanatory Statement. This disclosure is also being made available on the website of the Company at www.mangalfincorp.com You are requested to take the above information on record. Thanking you, Yours faithfully, For Mangal Credit and Fincorp Limited Meghraj Sohanlal Jain Chairman and Managing Director DIN: 01311041 Date: September 18, 2026 Place: Mumbai 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