ALPHA TRIBE

Mangal Credit and Fincorp LimitedBoard Meeting, 14-08-2026: Outcome of Board Meeting

14-08-2026 | 04:32 pm

Mangal Credit's board withdrew a ₹20 Cr NCD fundraising plan. It now aims to raise ₹35 Cr via private placement, issuing 3,500 secured, listed NCDs. These new NCDs will offer 11.50% p.a. interest, paid monthly, for 23 months. A clear funding pivot.

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