NSEGeneral Updates23 Jun 2026 · 23 Jun 2026, 12:14 pm

General Updates

Mangal Credit and Fincorp Limited · MANCREDIT

✦ AI Summary▲ PositiveFundraise

Mangal Credit and Fincorp Limited has successfully allotted 2,000 secured, listed, rated, taxable Non-Convertible Debentures (NCDs) on a private placement basis. This fundraise aggregates to INR 20 crore, with each NCD having a face value of INR 1,00,000 and issued at a discount. The NCDs carry an annual interest rate of 11.75%, payable monthly, and have a tenure of 27 months, maturing on September 23, 2028. The funds, secured by a charge on identified receivables, will enhance the company's financial resources for operational growth.

Analysis Scores

Earnings Impact7/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment7/10

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Full Announcement

Allotment of 2,000 Non-Convertible Debentures on Private Placement basis.

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MCFL_23062026121352_Outcome.pdf

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Date: June 23, 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 May 7, 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. June 23, 2026, approved the allotment of 2,000 (Two Thousand) fully paid, senior, secured, rated, listed, redeemable, taxable non-convertible debentures, each having a face value of INR 1,00,000/- (Indian Rupees One Lakh Only), issued at a discount of INR 2,000/- (Indian Rupees Two Thousand only) each, aggregating to INR 20,00,00,000 (Indian Rupees Twenty 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 INR 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 2,000 (Two Thousand) NCDs proposed to be issued or the total amount for which the securities will be issued (approximately) 4. Size of Issue 2,000 (Two Thousand) NCDs having a Face Value of INR 1,00,000 (Indian Rupees One Lakhs Only) each, aggregating to INR 20,00,00,000 (Indian Rupees Twenty 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 – 27 months (Reissuance under the existing Date of Allotment and ISIN INE545L07044 having tenor of 30 Months) Date of Maturity Date of allotment : June 23, 2026 Date of Maturity: September 23, 2028 8. Coupon/Interest offered 11.75% 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 1.20 times or 120% 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. 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 13. Details of any letter or Not Applicable comments regarding 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