Mangalam Industrial Finance Ltd — Important, 11-04-2026: Company Update

Mangalam Industrial Finance (MIFL) announced the strategic integration of Artificial Intelligence across its core operations. This move will enhance credit assessment, fraud detection, loan processing, and customer engagement. Leveraging AI will enable faster decision-making, improve risk evaluation accuracy, and deliver personalized financial solutions, leading to instant loan processing, stronger risk management, and improved operational efficiency. The company aims to shift from manual processes to a high-precision, data-driven model, ensuring speed, security, and scalability while maintaining robust risk governance and driving long-term stakeholder value.