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Board Meeting Outcome

Mangal Credit And Fincorp Board Meeting Outcome

Mangal Credit and Fincorp Ltd's board approved raising ₹30 Crore through two private placements of secured, rated, non-convertible debentures. The issuances include a ₹10 Crore tranche maturing in February 2028 and a ₹20 Crore tranche maturing in September 2028. Both series offer a coupon of 11.75% p.a. to eligible investors.

Key figures
Value₹30.00 Cr
Execution periodUp to 28 months
Source

BSE filing, NSE: MANCREDIT. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Mangal Credit And Fincorp Ltd: key numbers

Share price
₹237.20
Market cap
₹500.8 Cr
Revenue (annual)
₹69.90 Cr
Net profit (annual)
₹15.31 Cr
P/E (TTM)
27.8×Sector 19.8×
Promoter holding
55.25%+0.00% QoQ
FII holding
0.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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