Board Meeting29 May 2026, 02:35 am
Mangal Credit Board Approves FY26 Results, Recommends ₹0.75 Dividend
AI Summary
Mangal Credit and Fincorp Limited's Board of Directors met on May 28, 2026, to approve the financial results for the quarter and fiscal year ended March 31, 2026. The board also recommended a final dividend of ₹0.75 (7.5%) per equity share for FY26, subject to shareholder approval. Additionally, the company approved raising funds by issuing up to 25 lakh fully convertible unlisted equity warrants on a preferential basis and appointed M/s Anand R. Chandak & Company as Internal Auditors for FY 2026-27.
Key Highlights
- Board approved financial results for Q4 and FY ended March 31, 2026.
- Recommended a final dividend of ₹0.75 per equity share for FY26.
- Approved raising funds by issuing up to 25 lakh convertible warrants.
- Appointed M/s Anand R. Chandak & Company as Internal Auditors.
Price Impact
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