Mangal Credit and Fincorp Limited has informed the Exchange regarding Appointment of Mr. Chirag Narendra Parmar as Company Secretary & Compliance Officer of the company w.e.f. Jun 07, 2025.
MANCREDIT · price
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On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.4 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mangal Credit and Fincorp reported FY25 audited results with profit after tax of Rs. 13.07 crore versus Rs. 10.55 crore last year, while Q4 PAT stood at Rs. 2.55 crore. Total revenue from operations for the year rose to about Rs. 49.51 crore from Rs. 33.20 crore, driven by interest income growth. The Board recommended a final dividend of Rs. 0.75 per share (7.5%) subject to shareholder approval. The statutory auditor (Bhagwagar Dalal & Doshi) issued an unmodified opinion, and M/s. Anand R. Chandak & Company was appointed as internal auditor for FY26. Additionally, Mr. Chirag Narendra Parmar was appointed as Company Secretary and Compliance Officer effective June 7, 2025.
Positive for shareholders — higher profits, a steady dividend, and a clean audit opinion reinforce confidence, while the new Company Secretary strengthens compliance. The NBFC's growing loan book (up ~29% YoY) signals continued business expansion.