StockWatch
·
Other Agricultural Products
Loan & Debt16 Oct 2026, 03:19 pm

Mangalam Global Enterprise Ltd to Raise ₹150 Cr via NCDs

AI Summary

Mangalam Global Enterprise Limited announced that its Management Committee has approved the issuance of Senior, Secured, Rated, Listed, taxable, redeemable, transferable Non-Convertible Debentures (NCDs) aggregating up to ₹150 Crores on a private placement basis. These NCDs will be issued in one or more series and/or tranches and are proposed to be listed on the NSE Debt Segment. The meeting commenced at 2:00 P.M. and concluded at 3:00 P.M. on October 16, 2026.

Key Highlights

  • Company approved issuance of NCDs up to ₹150 Crores.
  • Issuance will be on a private placement basis.
  • NCDs will be Senior, Secured, Rated, Listed, and Redeemable.
  • Proposed to be listed on the NSE Debt Segment.
  • No delay or default in payment of interest/principal reported.