
Board Meeting30 Jul 2026, 07:20 pm
Mangal Credit Board Meeting on Aug 6 for Unaudited Results, Fund Raising
AI Summary
Mangal Credit and Fincorp Ltd has announced a Board of Directors meeting scheduled for August 6, 2026. The meeting agenda includes the consideration and approval of the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Additionally, the board will discuss and approve a proposal for fund raising through debt issuance via Non-Convertible Debentures. The meeting will also address fixing the date for the 64th Annual General Meeting, which will seek shareholder approval for further fund raising through a preferential issue of Convertible Equity Warrants. The company also plans to consider and approve an increase in its Authorised Share Capital.
Key Highlights
- Board meeting scheduled for August 6, 2026.
- To approve unaudited financial results for Q1 FY27.
- Proposal to raise funds via Non-Convertible Debentures.
- Shareholder approval sought for preferential issue of warrants.
- Increase in Authorised Share Capital to be considered.
Price Impact
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