StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting21 May 2026, 04:22 pm

Mangal Credit Board Meeting on May 28 to Consider Fund Raising

AI Summary

Mangal Credit and Fincorp Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve an addendum to a prior intimation. The board will also evaluate a proposal for fund raising through the issuance of equity shares and/or convertible warrants on a preferential basis, subject to members’ approval. This is in addition to the previously announced agenda of approving the audited financial results for the quarter and year ended March 31, 2026, and considering a final dividend.

Key Highlights

  • Mangal Credit board to meet on May 28, 2026.
  • Meeting to consider fund raising via equity/warrant issuance.
  • Audited financial results and dividend also on the agenda.
  • Fund raising is subject to members’ approval.