Allotment of Securities

Date: October 19, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Bandra-Kurla Complex, Fort, Mumbai-400001. Bandra (East), Mumbai: 400051. Scrip Code: 505850 Symbol : MANCREDIT Debt Scrip Code: 976597, 977659, 977808, 978135 Sub.: Intimation under Regulation 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the allotment of 25,00,000 Convertible Equity Warrants on Preferential Basis. Dear Sir / Madam, Pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and, in accordance with the Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and in accordance with the approval accorded by the Shareholders of the Company at their 64th Annual General Meeting held on September 22, 2026 and ‘In-Principle Approval’ granted by BSE Limited and National Stock Exchange of India Limited vide their respective letters dated October 6, 2026, we wish to inform that the Board of Directors of the Company, today i.e. October 19, 2026, by passing resolution through circulation, considered and approved the allotment of 25,00,000 (Twenty Five Lakhs) Convertible Equity Warrants (“Warrants”) at a price of ₹ 247/- (including a face value of ₹ 10/- each and premium of ₹ 237/- each) convertible into equivalent number of Equity Shares of the Company for cash consideration, to the following persons belonging to ‘Promoter’ and ‘Non-Promoter’ category on a preferential basis on such terms and conditions as set out under the Item no.7 of the explanatory statement forming part of the 64th Annual General Meeting. Sr. Name of the No. of Category Issued Total 25% of the total No. Allottees Warrants Price Consideration consideration paid upfront for subscription of warrants 1 Mr. Meghraj 2,00,000 Promoter ₹ 247/- ₹ 4,94,00,000/- ₹ 1,23,50,000/- Sohanlal Jain 2 Mr. Hardik 5,50,000 Promoter ₹ 247/- ₹ 13,58,50,000/- ₹ 3,39,62,500/- Meghraj Jain 3 Ms. Seema Ajit 5,50,000 Promoter ₹ 247/- ₹ 13,58,50,000/- ₹ 3,39,62,500/- Jain 4 Ms. Indra 5,50,000 Promoter ₹ 247/- ₹ 13,58,50,000/- ₹ 3,39,62,500/- Meghraj Jain 5 Ms. Ritu Jain 5,50,000 Promoter ₹ 247/- ₹ 13,58,50,000/- ₹ 3,39,62,500/- 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 6 Ms. Disha 1,00,000 Non- ₹ 247/- ₹ 2,47,00,000/- ₹ 61,75,000 Jagdish Jain Promoter Total 25,00,000 - ₹ 247/- ₹ 61,75,00,000/- ₹ 15,43,75,000/- The information pursuant to SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026, updated from time to time, and SEBI Listing Regulations, is annexed herewith as ‘Annexure-A’. We request you to take the above on record and the same be treated as compliance under the applicable provisions of the Listing Regulations. Thanking you, Yours faithfully, For Mangal Credit and Fincorp Limited Chirag Narendra Parmar Company Secretary and Compliance Officer Membership No. ACS 66852 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 Annexure-A Sr. Criteria Details 1. Type of securities proposed to be Convertible unlisted equity warrants, issued carrying a right exercisable by the warrant holder to subscribe to one Equity Share having face value of ₹ 10/- (Rupees Ten only) each. 2. Type of issuance Preferential Allotment 3. Total number of securities proposed The Board of Directors have approved the to be issued or the total amount for allotment of 25,00,000 (Twenty Five Lakh) which the securities will be issued. convertible equity warrants on preferential basis to the Promoter and Non-Promoter category investors, as disclosed herein, at a price of ₹ 247/- per warrants (including premium of ₹ 237/- per warrant) 4. Names of the investors 1. Mr. Meghraj Sohanlal Jain 2. Mr. Hardik Meghraj Jain 3. Ms. Seema Ajit Jain 4. Ms. Indra Meghraj Jain 5. Ms. Ritu Jain 6. Ms. Disha Jagdish Jain 5. Post allotment of securities -outcome Outcome of the Subscription: of the subscription, issue price/ allotted price (in case of Preferential Issued Subscribed convertibles), number of investors Issue and allotted Convertible 25,00,000 25,00,000 Equity Warrants Issue Price / allotted price : ₹ 247/- per warrant Number of Investors: 6 (Six) Investors 6. In case of convertibles - intimation At present there is no requirement for any on conversion of securities or on disclosure under this point. However, the lapse of the tenure of the instrument same will be intimated upon receipt of request for conversion of 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 The warrants are having a validity of 18 months from the date of the allotment and any relevant occurrences during this time frame relevant disclosures under this point will be disseminated to the exchange. 7. Any cancellation or termination of At present there is no requirement for any proposal for issuance of securities disclosure under this point. including reasons thereof 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