Mangalam Global Enterprise Ltd gets NSE in-principle approval for NCD listing

Mangalam Global Enterprise Limited has received in-principle approval from the National Stock Exchange (NSE) for the proposed listing of Non-Convertible Securities (NCDs) on a private placement basis. These NCDs will be issued in various tranches. The approval is subject to the company meeting SEBI regulations, providing adequate disclosures in its General Information Document, and complying with other applicable laws. The approval is valid for one year from the date of the letter. The company must also submit a valid credit rating letter and ensure compliance with SEBI's operational circulars regarding the electronic book platform for debt securities.