BSEGeneral4d ago · 16 Oct 2026, 03:04 pm
Subsequent Intimation for Bank Default under Para A of Schedule III of Regulation 30 of SEBI (LODR), 2015.
Mangalam Drugs & Organics Ltd · 532637
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Mangalam Drugs & Organics Ltd has defaulted on its loan obligations to Bank of Baroda and Bank of Maharashtra for a period exceeding 30 days, as per the regulations of the exchange.
Analysis Scores
Earnings Impact2/10
Growth Catalyst5/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10
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Mangalam Drugs & Organics Ltd - 532637 - Defaults under Para A sub-paragraph 6 of Schedule III-Subsequent Disclosure
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Mangalam Drugs and Organics Limited | A—
MANGALAM
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REF: MDOL/CS-SE/2026-27/037 October 16", 2026
Listing Department Listing Department
BSE Ltd National Stock Exchange of India
1 Floor, New Trade Wing, Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 5" Floor,
Dalal Street, Fort, Plot No. C-1, Block G,
Mumbai — 400 001 Bandra - Kurla Complex,
Bandra(E), Mumbai — 400 051
Scrip Code: 532637 Symbol: MANGALAM
Subject: Disclosure under Regulation 30, Part A of Schedule I11 of SEBI (Listing Obligation and
Disclosure Requirements) Regulation, 2015 of default on bank loan account
Dear Sir/Madam,
This is with reference to Regulation 30, Part A of Schedule I1I of SEBI (Listing Obligation and
Disclosure Requirements) Regulation, 2015 whereby a Listed Entity is required to make disclosure to
stock exchange(s) Events which shall be disclosed without any application of the guidelines for
materiality as specified in sub-regulation (4) of regulation (30) Part A (6) Default by a Listed Entity
non-payment of the interest or principal amount in full on the date when the debt has become due and
payable. Explanation 1: In case of revolving facilities like cash credit, an entity would be considered to
be in ‘default’ if the outstanding balance remains continuously in excess of the sanctioned limit or
drawing power, whichever is lower, for more than thirty days.
In view of the said provision, Mangalam Drugs and Organics Limited (the Company) is making
subsequent intimation declaring that the Company has defaulted on its loan obligations to Bank of
Baroda and Bank of Maharashtra for a period exceeding 30 days, as per the regulations of your
exchange. As on date, the data is given below:
Sr.No | Loan Account Name of Bank Amount Overdue | Date of start of
Number - Cash Rs. In Lacs as on | Default
Credit A/c. No. 15/10/2026
1 60383561246 Bank of Maharashtra 951.19 17/10/2025
2 04170500000243 | Bank of Baroda 606.08 20/10/2025
We are also making arrangements to pay the overdue amount as soon as possible
Kindly take the above and attachment provided by management on your records.
Thanking You,
Yours Faithfully,
For Mangalam Drugs & Organics Limited
Govardhan M. Dhoot
Managing Director
DIN: 01240086
Factory : at Vapi (Gujarat) India & contactus@mangalamdrugs.com @ http://www.mangalamdrugs.com
Mangalam Dr gs and Organics Limited
Regd. Office : Rupam Building, 3rd loor, 239 P. D’Mello Road, Near G. P. 0. Mumbai - 400 001.
@ 91-22-62616200 / 6300 / 8787 @ 91-22-62619090 e CIN : L24230MH1972PLC116413 Accredited
16/10/2026
The Company Secre ary
Mangalam Drugs and Organics Ltd.
Mumbai.
Subject : Disclosure of subsequent default on bank loan account
Dear Sir/Madam,
This letter is further o our letter Dt. 16/02/2026 and to inform you that Mangalam Drugs and Organics
Ltd has defaulted o its loan obligations to Bank of Baroda and Bank of Maharashtra for a period
exceeding 30 days, as per the regulations of your exchange.
Sr.No Loan Account Name of Bank Amount Overdue | Date of start of
Number|- Cash Rs.In Lacs as on Default
Credit A/c. No. 15/10/2026
60383561246 Bank of Maharashtra 951.19 17/10/2025
2 04170500000243 | Bank of Baroda 606.08 20/10/2025
Kindly acknowledge the same.
Thanking You,
For Mangtfim Drugs and Organics Ltd.,
Jeevan\Dalvi
Chief Financial Officer.