ALFA Filings
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Mangal Credit and Fincorp Limited successfully paid interest on its secured non-convertible debentures as per the payment schedule.
Mangal Credit and Fincorp allotted ₹35 Crore in secured NCDs via private placement. The 23-month debentures carry an 11.50% coupon, secured by first-ranking charge on receivables.
Mangal Credit approved a private placement of 3,500 NCDs worth ₹35 Crore. This issuance replaces a previously proposed, now withdrawn, ₹20 Crore NCD offer.
Mangal Credit and Fincorp approved an NCD issuance of ₹20 Crore. The board also increased borrowing limits and authorized share capital.
Mangal Credit and Fincorp allotted 1,000 secured NCDs aggregating ₹10 Crore on a private placement basis. The NCDs offer an 11.75% coupon and will be listed on BSE.
Mangal Credit and Fincorp Limited disclosed its status under the SEBI Large Corporate framework. The company reported outstanding borrowings of ₹332.73 Crore as of March 31, 2026, and confirmed it does not currently fall under the Large Corporate category.