Mangal Credit and Fincorp Limited has informed the Exchange about the opening of new branches in the states of Rajasthan and Maharashtra.
MANCREDIT · price
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Mangal Credit and Fincorp Limited has opened two new branches on 24th September 2025. The first branch is in Nimbahera, Rajasthan, located on Udaipur Road. The second branch is in Khopoli, Maharashtra, located in Shilphata. The company, an NBFC, is expanding its physical presence across key states as part of its business growth strategy. This is a routine intimation under SEBI Listing Regulations for branch expansion.
The new branches could support loan disbursement growth and customer outreach in underserved markets, which may positively impact revenue over time. However, the immediate impact on stock price is likely minimal as this is a small operational expansion.