Mangalam Worldwide Limited — Important, 17-03-2026: Committee Meeting Updates

Mangalam Worldwide's Debenture Committee has approved the allotment of 50,000 secured, non-convertible debentures, raising Rs 50 Cr through a private placement. Each debenture has a face value of Rs 10,000, offering an interest rate of 9.75% per annum, payable quarterly. These debentures have a three-year tenure, maturing in March 2029, and will be listed on the NSE. This move strengthens the company's financial position by securing long-term funding.