Mangalam Worldwide's Rs. 50 Crore NCDs Successfully Listed on NSE Debt Segment

1 min read     Updated on 02 May 2026, 05:08 PM
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Mangalam Worldwide Limited has completed the allotment and listing of Rs. 50 crore non-convertible debentures, with allotment on April 28, 2026, and NSE debt segment listing on April 30, 2026. The 5,000 debentures carry a 10% annual coupon rate, Rs. 1 lakh face value each, and 36-month tenure with ISIN INE0JYY07026, backed by comprehensive security arrangements and MITCON Credentia as debenture trustee.

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Mangalam Worldwide Limited has successfully completed the allotment and listing of non-convertible debentures worth Rs. 50 crores, marking a significant milestone in the company's fundraising initiative. The debentures were allotted on April 28, 2026, and subsequently listed on the National Stock Exchange of India Limited's debt segment on April 30, 2026.

Debenture Issue and Listing Details

The comprehensive debenture issuance demonstrates the company's commitment to transparent capital market operations:

Parameter Details
Issue Size Rs. 50,00,00,000 (Rs. 50 crores)
Number of Debentures 5,000
Face Value per Debenture Rs. 1,00,000
Coupon Rate 10% per annum
Date of Allotment April 28, 2026
Date of Listing April 30, 2026
Maturity Date April 28, 2029
ISIN Code INE0JYY07026
NSE Symbol 975MWL29
Security Description MWL 10.00% 2029 (MWL29)

The debentures are classified as rated, listed, senior, secured, redeemable, taxable, and transferable non-convertible debentures issued through private placement in accordance with SEBI regulations.

Regulatory Compliance and Market Integration

The company has fulfilled all regulatory requirements under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation to the National Stock Exchange confirms the successful integration of these debt securities into the organized debt market.

MITCON Credentia Trusteeship Services Limited serves as the debenture trustee, ensuring proper oversight and protection of investor interests throughout the tenure of the debentures.

Security Structure and Investment Features

The debentures offer attractive investment characteristics with comprehensive security arrangements. The security structure includes mortgage over assets of Mr. Chanakya Prakash Mangal and pledge over equity shares held by Mr. Vipin Prakash Mangal, providing multiple layers of protection for investors.

With a competitive 10% annual coupon rate and quarterly payment frequency, the debentures provide regular income streams for investors over the 36-month tenure. The listing on NSE's debt segment enhances liquidity options, allowing investors to trade these securities in the secondary market.

Corporate Communication

The listing confirmation was communicated through official correspondence signed by Company Secretary Soham Raval (Membership No.: A34154), demonstrating proper corporate governance protocols. The company maintains its registered office at Mangalam Corporate House, Ahmedabad, Gujarat, and continues to ensure transparent communication with all stakeholders regarding this debt issuance.

Historical Stock Returns for Mangalam Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
+0.12%+5.32%+32.44%+47.53%+130.47%+260.26%

How will Mangalam Worldwide utilize the Rs. 50 crore proceeds from this debenture issuance for business expansion or debt refinancing?

What impact might the 10% coupon rate have on the company's interest coverage ratio and overall financial leverage going forward?

Will this successful debt listing encourage Mangalam Worldwide to consider additional fundraising through equity or debt markets in the near term?

Mangalam Worldwide Limited Issues Corrigendum to Debenture Committee Meeting Outcome

1 min read     Updated on 24 Apr 2026, 03:52 AM
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Mangalam Worldwide Limited issued a corrigendum revising debenture allotment and maturity dates to April 28, 2026 and April 28, 2029 respectively, with a 36-month tenure. All other terms from the April 16, 2026 outcome remain unchanged.

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Mangalam Worldwide Limited has issued a corrigendum to the outcome of the Debenture Committee meeting held on April 16, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the National Stock Exchange of India Limited that certain changes have been made in Annexure-A forming part of the said outcome.

Revised Debenture Details

The corrigendum specifically addresses two key points in Annexure A. The company has revised the tenure details of the instrument, including the date of allotment and date of maturity. Additionally, the details regarding the redemption of debentures have been clarified.

Sr. No Particulars Revised Details
7. Tenure of the Instrument (Date of Allotment and Date of Maturity) Deemed Date of Allotment: April 28, 2026

Tenure: 36 (Thirty-Six) months from the Deemed Date of Allotment

Date of Maturity: April 28, 2029
13. Details of redemption of debentures The Debentures shall be redeemed at the Maturity Date, i.e., April 28, 2029, in accordance with the terms of the Debenture Trust Deed.

Key Changes

The primary revisions involve the timeline for the debenture issuance:

  • The deemed date of allotment is now specified as April 28, 2026
  • The tenure of the instrument is set at 36 months from the deemed date of allotment
  • The date of maturity is established as April 28, 2029
  • Redemption will occur at the maturity date as per the Debenture Trust Deed terms

All other terms and conditions as disclosed in the outcome dated April 16, 2026, remain unchanged. The corrigendum was signed by Soham Bipinchandra Raval, Company Secretary & Compliance Officer of Mangalam Worldwide Limited, on April 23, 2026.

Historical Stock Returns for Mangalam Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
+0.12%+5.32%+32.44%+47.53%+130.47%+260.26%

What interest rate or coupon will Mangalam Worldwide offer on these 36-month debentures to attract investors?

How will this debenture issuance impact Mangalam Worldwide's debt-to-equity ratio and overall financial leverage?

What specific business expansion or capital expenditure projects will be funded through this debenture raising?

More News on Mangalam Worldwide

1 Year Returns:+130.47%