MANGALAMBSEMANGALAM DRUG & CHEM LTD· PharmaceuticalsCriticalNegative
Announced Fri, 16 Oct, 2026 · 15:04 IST

Bank loan default disclosed to BSE and NSE

MANGALAM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.1%Reaction day
₹31.67
prior close
₹31.06
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-2.8% vs market
Pharmaceuticals peers, median of 173sector+0.1%-2.2% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.2 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.0
10m
+1.4
15m
+1.4
30m
—
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.1+0.7-2.8+0.1-2.2
Next day
-3.7-1.0-2.7-1.2-2.5
2d
-3.4-3.6+0.2-2.8-0.5
3d
-6.9-4.5-2.3-3.8-3.1
4d
-8.6-6.8-1.8-5.0-3.6
5d
-11.0-6.4-4.6-3.9-7.0
1w
—————
15d
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1m
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2m
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3m
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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 173Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mangalam Drugs and Organics has reported defaults on bank loan obligations exceeding 30 days. Bank of Maharashtra: Rs. 951.19 lakhs overdue since 17 Oct 2025. Bank of Baroda: Rs. 606.08 lakhs overdue since 20 Oct 2025. Total overdue is about Rs. 15.57 crores in cash credit accounts. The company states it is arranging to pay the overdue amount soon.

Likely market impact

Negative signal: prolonged loan defaults raise concerns about financial health and may affect share price and lender confidence.