ALPHA TRIBE

Mangalam Worldwide LimitedImportant, 16-04-2026: Committee Meeting Updates

16-04-2026 | 05:48 pm

Mangalam Worldwide's Debenture Committee has approved issuing up to 5,000 senior, secured, rated, and listed non-convertible debentures. Each debenture holds a face value of ₹1 lakh, totaling ₹50 crore. These debentures will be issued through a private placement via the Electronic Book Platform and are intended for listing on the NSE. The NCDs offer a 10% annual coupon, payable quarterly, with a tenure of 36 months. This move allows the company to raise capital by offering investors secured, fixed-income instruments.

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