Mangal credit & fincorp Limited has announced a board meeting to consider fund raising through Non-Convertible Debentures (NCDs). The meeting represents a significant step in the company's capital mobilization strategy.

Board Meeting Details

The board meeting has been scheduled with specific regulatory compliance in mind. Key details of the upcoming meeting are outlined below:

Regulatory Compliance Framework

The company has issued this prior intimation in strict adherence to SEBI regulations. The announcement follows multiple regulatory provisions that govern such corporate actions.

The meeting has been called pursuant to several key regulations:

• Regulation 29 of SEBI Listing Regulations
• Regulation 50(1) of SEBI Listing Regulations
• SEBI Master Circular reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026

Stock Exchange Notifications

Mangal Credit & Fincorp Limited has formally notified both major stock exchanges about the upcoming board meeting. The company maintains listings on both exchanges with specific identification codes.

Fund Raising Through NCDs

The proposed fund raising mechanism involves Non-Convertible Debentures, which represent a debt instrument for capital mobilization. The board will deliberate on this proposal during the scheduled meeting, with the final decision subject to obtaining necessary regulatory and statutory approvals.

The company has emphasized that the fund raising proposal will require requisite approvals before implementation, indicating a structured approach to capital raising activities.

Mangal Credit & Fincorp Limited has successfully concluded its third quarter fiscal 2026 financial reporting process, delivering strong performance metrics and completing regulatory compliance requirements. The company reported significant revenue growth and submitted newspaper clippings of its unaudited financial results to stock exchanges on February 10, 2026.

Strong Q3FY26 Financial Performance

The company demonstrated robust financial performance for the quarter ended December 31, 2025, with revenue from operations reaching ₹1,833.63 lakhs, representing a substantial 34% increase compared to the corresponding period. Profit after tax stood at ₹383.43 lakhs for the quarter, while total comprehensive income was recorded at ₹383.12 lakhs.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Mangal Credit & Fincorp demonstrated consistent growth momentum. Revenue from operations totaled ₹4,865.44 lakhs compared to ₹3,621.07 lakhs in the corresponding period, while profit after tax reached ₹982.82 lakhs. The company's Assets Under Management (AUM) grew by 39% during this period.

Regulatory Compliance and Communication

On February 10, 2026, Executive Director Hardik Meghraj Jain (DIN: 07871480) submitted newspaper clippings to both BSE Limited and National Stock Exchange of India Limited. The clippings, published in News Hub and Pratahkal Marathi, contained extracts of the unaudited financial results along with a QR code linking to the company's website for complete financial information.

Business Operations and Regulatory Status

Mangal Credit & Fincorp operates as a Non-Deposit taking Non Banking Financial Company (NBFC) registered with the Reserve Bank of India and classified as Base Layer NBFC (NBFC-BL). The company operates in a single reportable segment of Non Banking Financial Activities, with all operations conducted within India.

During Q3FY26, the company issued 1,000 additional non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, bringing total outstanding NCDs to ₹5,000 lakhs. All NCDs are listed on BSE Limited and secured by hypothecation over specified receivables with 125% security cover. The company maintains CRISIL rating of BBB/Stable for its NCDs and Bank Loan Rating.

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