Mangal Credit And Fincorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2026 ,inter alia, to consider and approve the proposal of fund ....
MANCREDIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mangal Credit and Fincorp Ltd has informed exchanges that its Board of Directors will meet on May 7, 2026. The meeting agenda includes consideration and approval of a proposal for fund raising through the issuance of Non-Convertible Debentures (NCDs). The proposal is subject to obtaining necessary regulatory and shareholder approvals. No details have been provided regarding the size of the issuance, coupon rate, tenure, or specific use of funds. The company is a NBFC registered under CIN L65990MH1961PLC012227.
The NCD issuance proposal could dilute shareholder value or increase debt obligations depending on the terms. Investors should monitor the May 7 board meeting outcome for details on issuance size and pricing.