Mangal Credit and Fincorp Limited (MANCREDIT) — Announcement | 24 April 2026

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📢 Key Event
Company receives IRDAI Corporate Agent (Composite) license approval

💡 Investor Takeaway
Investors should note the new licensing capability may drive future growth in insurance services.

Mangal Credit and Fincorp Limited announced that the Insurance Regulatory and Development Authority of India approved its Corporate Agent (Composite) license effective April 24, 2026, enabling the company to solicit insurance products to customers. This regulatory approval expands its service offerings and revenue potential in the insurance distribution segment.

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About Mangal Credit and Fincorp Limited (MANCREDIT)

Financial Services · Finance · Listed on NSE

Market Cap: ₹350.64 Cr P/E: 28.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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