Mangal Credit and Fincorp Limited has informed the Exchange about 63rd Annual General Meeting of the Company for the Financial Year 2024-25, scheduled to be held on Thursday, 25th September, 2025
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Mangal Credit and Fincorp (a Base Layer NBFC) announced multiple board approvals on 5 August 2025. Key items include: approval of Q1 FY26 (quarter ended 30 June 2025) unaudited financial results, with total revenue from operations at ₹1,447.22 lakhs (up from ₹1,336.55 lakhs in Q4 FY25) and profit after tax of ₹299.94 lakhs (up from ₹261.76 lakhs in Q4 FY25). Basic EPS stood at ₹1.53 versus ₹1.34 in the previous quarter, and net profit margin was 20.73%. Asset quality remained healthy with GNPA at 1.40% and NNPA at 0.76%. The board also approved the 63rd AGM notice for 25 September 2025 (via video conferencing) and the FY25 Annual Report, set the record date as 17 September 2025 for dividend eligibility, and fixed book closure from 18–25 September 2025. Additionally, Mr. Sriram Sankaranarayanan was re-appointed as Independent Director for a second term of five years (from 11 November 2025 to 10 November 2030), and Vijay S. Tiwari & Associates was appointed as Secretarial Auditor for five years from FY26. The company confirmed utilisation of ₹25 crore raised via privately placed NCDs on 3 April 2025 with no deviation in use of proceeds.
For shareholders, the key takeaways are a sequential improvement in quarterly profitability, stable asset quality, and confirmation of a dividend for FY25 (subject to AGM approval on 25 September 2025). Governance continuity is maintained through the re-appointment of an experienced Independent Director. The stock may see mild positive sentiment due to the earnings uptick, while the trading window reopening after results could trigger normal volume activity.