Mangalam Global Enterprise Approves ₹150 Crore Secured NCD Private Placement

Management Committee approved issuance of senior secured rated listed NCDs up to Rs 150 Cr via private placement in one or more tranches, to be listed on NSE Debt Segment. First listed debt raise, moving beyond bank-loan funding; adds secured leverage to stretched working-capital trader backing export hubs and early wellness and oleo bets. Tenor, coupon, security, redemption and use of proceeds left to committee; rating and repayment schedule not disclosed; MITCON Credentia named trustee.