Mangal Credit and Fincorp Limited — Important, 08-04-2025: General Updates

Mangal Credit and Fincorp Limited has received listing approval from BSE Limited for 2,500 secured, rated, non-convertible debentures, which are now part of the BSE Debt segment. Each debenture holds a face value of ₹1,00,000, issued at an effective price of ₹98,524.80, featuring an interest rate of 12.90% per annum. The interest payments will occur monthly from May 3, 2025, until October 3, 2027, with redemption set for October 3, 2027. This listing is significant as it allows the company to enhance its capital structure and engage with debt investors. The market’s reception of these securities will be crucial, indicating investors' confidence in the company's financial health and potential growth opportunities in the future.