Mangal Credit and Fincorp Limited — Others, 05-08-2025: Change in Auditors

Mangal Credit & Fincorp's Board has approved its financial results for the quarter ended June 30, 2025, reporting a profit of approximately 3.00 Cr and total revenue of about 14.47 Cr. Key governance actions include the re-appointment of an Independent Director and the appointment of a Secretarial Auditor for five-year terms, both pending shareholder approval at the upcoming AGM. The company confirmed the full utilization of the recently raised 25 Cr through secured non-convertible debentures for onward lending and general corporate needs, with no deviations. This signals operational stability and compliant fund deployment.