Outcome of Board Meeting

Date: August 14, 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: Outcome of the Meeting of the Board of Directors of Mangal Credit and Fincorp Limited (“the Company”) held on August 14, 2026. With regard to the captioned matter and in compliance with Regulation 30 and Regulation 51 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform that the Board of Directors of the Company at its meeting held today, inter alia, approved the following proposals; 1. Considered the withdrawal/abandonment of the private placement offer for issue of 2,000 (Two Thousand) Non-Convertible Debentures of face value of ₹ 1,00,000/- (Indian Rupees One Lakh only) each aggregating to ₹ 20,00,00,000/- (Indian Rupees Twenty Crore only) approved by the Board of Directors at its meeting held on August 6, 2026. The Board of Directors has also noted and confirmed that the Company has neither circulated any offer letter inviting subscription to the said NCDs nor received any money or subscription amount from any investor in connection with the said issue of NCDs. Accordingly, there are no dues, obligations or liabilities payable by the Company to any investor in connection with the withdrawal/abandonment of the said offer; 2. Considered to raise funds by way of issuance up to 3,500 (Three Thousand Five Hundred) Non-Convertible Debentures of face value of ₹ 1,00,000/- (Indian Rupees One Lakh only) each on private placement basis in the form of secured, listed, rated, redeemable aggregating up to ₹ 35,00,00,000/- (Indian Rupees Thirty Five Crore only) The details as required under Regulation 30 of the SEBI 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 dated January 30, 2026, amended from time to time, are given as “Annexure-A” to this Outcome. 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 Board Meeting commenced at 3.30 P.M. and concluded at 3.51 P.M. and the above information is also being made available on the Company’s website i.e. www.mangalfincorp.com. You are requested to take the above information on record. Yours faithfully, For Mangal Credit and Fincorp Limited Hardik Meghraj Jain Executive Director DIN: 07871480 Encl: As above 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. Particulars Details w.r.t NCD issue 1. Type of Securities proposed to be Secured, Listed, Rated, Taxable, Transferable issued Redeemable, Non-Convertible Debentures having Face Value of ₹ 1,00,000 (Indian Rupees One Lakhs only) each (“NCDs”). 2. Type of Issuance (further public Private Placement to eligible investors offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total Number of Securities Issue up to 3,500 (Three Thousand Five proposed to be issued or the total Hundred) NCDs 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 Lakh 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) BSE Limited 7. Tenure of the Instrument- Date of Tenor – 23 Months from the deemed date of Allotment and Date of Maturity allotment Deemed Date of allotment : September 9, 2026* *The actual allotment of Debentures may take place on a date other than the date mentioned above, subject to completion of requirements within the applicable timeline. Date of Maturity: August 9, 2026** **Date of maturity is depend upon the date of allotment. 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 8. Coupon/Interest offered 11.50% p.a. (subject to deduction of tax at source, as applicable) 9. Schedule of payment of Schedule of Interest payment : Monthly Coupon/Interest and Principal Schedule of Principal payment : Bullet Repayment 10. Charge/ Security created over the Secured by way of a first ranking, exclusive assets and continuing charge over certain identified receivables of the Company. A security cover of 1.05x (One Decimal Point Zero Five Times) the value of the outstanding principal plus accrued interest/obligations if any of this Debentures shall be maintained at all times until the redemption of the Debentures. 11. Special right/ interest/ privileges None 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 comments Not Applicable 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 preference As specified in Sr.No.9 of this table. shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures 15. Any cancellation or termination of Not Applicable proposal for issuance of securities 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