Mangal Credit and Fincorp Limited — QIP/Rights/Pref., 14-07-2025: Allotment of Securities

Mangal Credit & Fincorp has successfully raised ₹15 crore by allotting 1,500 Non-Convertible Debentures (NCDs) via private placement. Each NCD, with a face value of ₹1 lakh, was issued at ₹99,581.56. This capital infusion significantly strengthens the company's financial position for future operations. These secured debentures offer investors a robust 12.90% annual interest rate, with a tenure of approximately 2 years and 2 months. Principal repayment is structured, providing steady returns.