Mangal Credit & Fincorp Limited has announced the inauguration of a new branch in Rajasthan, demonstrating its commitment to expanding its geographical footprint. The company filed the intimation with stock exchanges on January 15, 2026, in compliance with SEBI Listing Regulations.

Branch Opening Details

The financial services company will inaugurate its Chittorgarh branch on January 16, 2026. The new facility represents the company's strategic expansion into this region of Rajasthan.

Regulatory Compliance

Mangal Credit & Fincorp Limited submitted the branch opening intimation to both major Indian stock exchanges. The company filed the disclosure under Regulation 30 and Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing was signed by Hardik Meghraj Jain, Executive Director (DIN: 07871480), ensuring proper corporate governance protocols were followed. The company maintains transparency with stakeholders through timely regulatory disclosures.

Strategic Expansion

The Chittorgarh branch opening reflects the company's ongoing expansion strategy in Rajasthan. The new location is strategically positioned near Dungar Palace in the Bapu Nagar area, providing accessibility to local customers seeking financial services.

This development adds to Mangal Credit & Fincorp Limited's branch network, enabling the company to serve a broader customer base in the region. The expansion demonstrates the company's confidence in the local market potential and commitment to growth.

Mangal Credit and Fincorp Limited has received a significant enhancement in its credit facilities along with reaffirmed ratings from CRISIL. The financial services company announced the credit rating reaffirmation on December 31, 2025, highlighting improved access to banking facilities.

Enhanced Credit Facilities

The company has achieved a substantial increase in its total bank loan facilities, which have been enhanced from ₹200.00 crore to ₹400.00 crore. This represents a 100% increase in the company's banking credit access while maintaining the same credit rating quality.

Credit Rating Reaffirmation

CRISIL has reaffirmed the BBB Stable rating for both the company's bank loan facilities and Non-Convertible Debentures. The BBB rating indicates adequate degree of safety regarding timely servicing of financial obligations, while the Stable outlook suggests that the rating is unlikely to change in the near term.

Corporate Authorization

The credit rating reaffirmation document was officially signed by Hardik Meghraj Jain, Executive Director of the company, bearing DIN: 07871480. The document was digitally signed on December 31, 2025, providing formal authorization for the enhanced credit facilities.

Company Profile

Mangal Credit and Fincorp Limited operates from its corporate office located at 1701/1702, 17th Floor, 'A' Wing, Lotus Corporate Park, Western Express Highway, Goregaon (E), Mumbai – 400063. The company, incorporated under CIN: L65990MH1961PLC012227, continues to strengthen its financial position through enhanced credit access.