Mangalam Worldwide Limited — Important, 28-04-2026: Committee Meeting Updates

Mangalam Worldwide Limited's Debenture Committee has approved the allotment of 5,000 non-convertible debentures. Each debenture has a face value of Rs. 1 lakh, aggregating to Rs. 50 crore, issued via private placement. These debentures are rated, listed, secured, and carry a 10% annual interest, payable quarterly, with a 36-month tenure. They will be listed on the NSE's New Debt Market. The debentures are secured by a mortgage on specific assets and a pledge of certain equity shares. This move secures significant funding for the company, impacting its capital structure and growth plans.