Mangal Credit Board to Consider FY26 Results on May 28

Mangal Credit & Fincorp Limited has scheduled a board meeting for Thursday, May 28, 2026. The meeting has been convened pursuant to Regulation 29, Regulation 50(1), and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the consideration and approval of the audited financial results for the quarter and financial year ended March 31, 2026. The board will also take on record the Auditor’s Report accompanying these financial statements.

Furthermore, the directors will evaluate and recommend a final dividend on equity shares for the financial year ended March 31, 2026. The board may also take up any other business that may be considered necessary during the proceedings.

Trading Window Closure

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for designated persons and their immediate relatives. The window closed effective April 1, 2026, and will remain closed until 48 hours after the declaration of the audited financial results for the quarter and financial year ended March 31, 2026.

Key Meeting Details

Detail	Information
Company Name	Mangal Credit & Fincorp Limited
Meeting Date	May 28, 2026
Purpose	Audited Financial Results for FY26, Dividend Recommendation
Financial Year End	March 31, 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.29%	+0.19%	-0.91%	-5.05%	-1.51%	+15.34%

Mangal Credit and Fincorp Limited has successfully allotted 1,000 secured, redeemable non-convertible debentures (NCDs) aggregating to ₹10 crore on a private placement basis. The allotment was approved by the Loans and Advance Committee during its meeting held on May 20, 2026. This issuance follows the board approval granted on May 7, 2026, to raise funds through such instruments.

The NCDs, which are rated, listed, and taxable, have a face value of ₹1,00,000 each. They are secured by a first-ranking, exclusive, and continuing charge on identified receivables of the company. These receivables shall at all times equal 1.20 times the aggregate amount of the principal outstanding. The debentures are proposed to be listed on BSE Limited, based on the in-principle listing approval dated May 18, 2026.

Key Terms of the Allotment

The debentures carry a coupon rate of 11.75% per annum, subject to the deduction of tax at source if applicable. Interest payments are scheduled to be made monthly. The tenor for these instruments is set at 21 months, with the date of allotment recorded as May 20, 2026, and the maturity date fixed for February 20, 2028.

Particulars	Details
Type of Securities	Secured, Listed, Rated, Taxable, Transferable Redeemable, Non-Convertible Debentures
Total Number of NCDs	1,000
Face Value	₹1,00,000 per NCD
Total Issue Size	₹10,00,00,000 (₹10 crore)
Coupon Rate	11.75% p.a.
Interest Payment Schedule	Monthly
Date of Allotment	May 20, 2026
Date of Maturity	February 20, 2028
Listing Exchange	BSE Limited

The company confirmed that there are no special rights, interests, or privileges attached to these instruments. Additionally, there is no history of delay in payment of interest or principal amounts exceeding three months from the due date. The issuance is part of the company's broader strategy to raise funds through private placement.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE545L01039/6d1be38a7d754829.pdf