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Mangal Credit Approves ₹20 Crore NCD Issue, Doubles Borrowing Limit


6 August 2026
Mangal Credit and Fincorp Ltd.

NII Surge, Profits Rise PAT at Rs 5.7 Cr in Q1 FY27 (standalone), +89.7% YoY. NII at Rs 11.5 Cr in Q1 FY27 (standalone), +151.5% YoY. PPOP at Rs 7.9 Cr, +428.3% YoY. GNPA at 1.8% vs 1.4%, NNPA at 1.0% vs 0.8%. CAR at 35.2%. Board approved a secured NCD issue of up to Rs 20 Cr, proposed doubling borrowing limits to Rs 1,500 Cr and increasing authorised share capital to Rs 30 Cr, subject to shareholder approval. AGM scheduled for September 22, 2026; limited review was unmodified.


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