Mangal Credit & Fincorp has scheduled its 64th Annual General Meeting for September 22, 2026. The board of directors recommended a final dividend of 7.5% of paid-up equity share capital, translating to ₹0.75 per equity share of face value ₹10 each for FY26.

The meeting will be conducted through Video Conference or Other Audio Visual Means via the National Securities Depository Limited facility. This mode of conduct complies with the Companies Act, 2013, SEBI Listing Regulations, and relevant Ministry of Corporate Affairs circulars granting relaxations for remote meetings.

Dividend and Record Date Details

Shareholders on record as of September 14, 2026 will be eligible for the dividend payout. The register of members and share transfer books will remain closed from September 15, 2026 to September 22, 2026 inclusive to facilitate the AGM process.

Compliance and Shareholder Instructions

In line with SEBI’s Fifth Amendment Regulations, 2025, all dividend payments must be made electronically. Shareholders holding shares in demat mode are advised to update their bank details with their depository participants. Those holding physical shares must register their bank particulars with the Registrar and Transfer Agent, MUFG Intime India Private Limited, along with required KYC documents including Form ISR-1.

The company will not dispatch hard copies of the annual report or notice unless specifically requested by members. Electronic copies will be available on the company website and stock exchange portals. Tax at source will be deducted from dividend payments as per the Income Tax Act, 1961 and Finance Act, 2020 provisions.

Mangal Credit and Fincorp Limited has scheduled a meeting of its Board of Directors for Friday, August 14, 2026, to consider a proposal for raising funds via the issuance of Non-Convertible Debentures (NCDs). The company disclosed this agenda item in a prior intimation filed with stock exchanges on August 11, 2026, signaling potential expansion in its debt financing activities.

The meeting is convened pursuant to Regulation 29 and Regulation 50(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. These regulations mandate timely disclosure of material events to ensure transparency for investors and market participants. The proposal for NCD issuance is subject to requisite approvals from the Board and other relevant authorities.

Meeting Details

The filing was signed by Hardik Meghraj Jain, Executive Director of the company, carrying DIN 07871480. The notice was dispatched to both BSE Limited and the National Stock Exchange of India Limited on August 11, 2026.

Market Implications

The consideration of NCD issuance suggests the company may be seeking to augment its capital base or refinance existing obligations. Non-Convertible Debentures are debt instruments that do not convert into equity, offering fixed returns to investors. The final terms, including coupon rate, tenure, and quantum, will be determined upon approval by the Board and subsequent regulatory clearances.

Investors are advised to monitor further announcements regarding the outcome of the board meeting and any subsequent filings related to the NCD issue.