Mangal Credit and Fincorp Limited (MANCREDIT) — Corporate Action

📢 Key Event
Board approves ₹0.75/share final dividend for FY25-26 pending shareholder approval

🔄 What Changed
₹0.75/share dividend proposed (7.5% of face value), ₹30 crore NCDs raised with 120% security cover

🔮 What's Next
Proposed raising funds via up to 25 lakh convertible equity warrants

💡 Investor Takeaway
Shareholders must approve the ₹0.75/share dividend, while new fund-raising plans may dilute ownership through warrants.

Mangal Credit and Fincorp Limited announced a final dividend of ₹0.75 per share (7.5% of ₹10 face value) for FY2025-26, subject to shareholder approval, during its May 28, 2026 board meeting. The filing includes audited FY2025-26 results showing ₹1,530.65 lakhs net profit after tax, [amount context mismatch] EPS, and [amount context mismatch] crore raised via secured NCDs with 120% security cover. The auditor confirmed no material uncertainty, unmodified opinion, and compliance with SEBI regulations. The company also proposed raising funds through 25 lakh convertible equity warrants.

📄 View Original Announcement (PDF)

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