MANCREDITNSEMangal Credit and Fincorp LimitedLowNeutral
Announced Tue, 5 May · 19:19 IST

Intimation w.r.t opening of new branch in the state of Maharashtra

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MANCREDIT · price

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹173.00
prior close
₹169.18
base price
After-mkt
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+2.0+1.5+4.1+2.7-1.6-2.1-1.9-2.9-2.8-3.7+10.5+18.8+41.0
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AI summary

Mangal Credit and Fincorp Limited, a non-banking finance company listed on BSE (Scrip: 505850) and NSE (Symbol: MANCREDIT), has disclosed the opening of a new branch in Nallasopara, Maharashtra. The branch, located at Shop No. 5, Taniya Regency, Opp Life Care Hospital, Nallasopara (East), will be inaugurated on May 6, 2026. The company has filed this intimation under Regulation 30 and Regulation 51 read with Schedule III of the SEBI Listing Regulations, which require disclosure of material events. The disclosure was signed by Hardik Meghraj Jain, Executive Director, and dated May 5, 2026.

Likely market impact

This is a routine operational disclosure and does not constitute material news that would significantly impact the stock price. Branch expansions may marginally benefit revenue over time but are not immediately quantifiable.