Mangal Credit and Fincorp Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting
05-08-2025 | 05:55 pm
05-08-2025 | 05:55 pm
Mangal Credit & Fincorp's Board met, greenlighting its Q1 FY25 standalone financial results. Revenue from operations hit ₹14.47 Cr, with Profit After Tax at ₹3.00 Cr. The board also approved re-appointing Independent Director Mr. Sriram Sankaranarayanan for a second term and appointed Vijay S. Tiwari & Associates as Secretarial Auditor for five years, both subject to shareholder approval. The 63rd Annual General Meeting is set for Sept 25, 2025, with Sept 17, 2025, as the record date for any dividend. The company successfully raised ₹25 Cr via NCDs, used for onward lending and general corporate needs. #MangalCredit #Q1Results
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