Mangal Electrical Industries Ltd (MEIL) — Announcement | 2 September 2026

2 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

CARE Ratings assigns A- rating to MEIL's bank facilities

💡 Investor Takeaway

The rating validates MEIL's short-term borrowing capacity and creditworthiness, potentially easing future loan access.

Mangal Electrical Industries Ltd received a CARE Ratings credit rating of A- for its long-term bank facilities (₹1.87 crore) and A- with CARE A2+ for short-term facilities (₹131.25 crore), covering a total of ₹133.12 crore in bank facilities, valid for one year from September 1, 2026, subject to periodic review.

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About Mangal Electrical Industries Ltd (MEIL)

Capital Goods · Capital Goods - Electrical Equipment · Listed on BSE

Market Cap: ₹732.34 CrP/E: 14.4ROE: 8.0%ROCE: 11.4%

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📊 More MEIL filings

Announcement — 23 September 2026Mangal Electrical Industries Ltd announced that its trading window will close on October 1, 2026, an...
🟡 Board Meeting — 18 September 2026Mangal Electrical Industries announced the resignation of Independent Director Ms. Tanvi Surana effe...
🟡 Board Meeting — 16 September 2026MEIL announced the appointment of Rohit Pokharna as Chief Financial Officer effective September 16, ...
🟡 Board Meeting — 16 September 2026The Board of Directors of Mangal Electrical Industries Ltd approved the appointment of Rohit Pokharn...
🟡 Board Meeting — 27 August 2026Mangal Electrical Industries held its 18th Annual General Meeting on August 26, 2026, where sharehol...

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

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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