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Mangal Credit and Fincorp Allots ₹20 Crore NCDs at 11.75% Coupon


23 June 2026
Mangal Credit and Fincorp Ltd.

Mangal Credit & Fincorp allotted 2,000 secured NCDs of face value ₹1 lakh each aggregating ₹20 crore on private placement basis, carrying 11.75% p.a. coupon, maturing in 27 months, secured by 1.20x receivable cover.


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