Mangal Credit and Fincorp Ltd has announced the issuance of 1,000 secured NCDs worth ₹10 crore, each priced at ₹1 lakh. These instruments offer an annual coupon of 11.75% over a tenure of 21 months and are now listed on BSE.

Mangal Credit N Fincorp's shares saw a significant sale with an average price of INR 170.5 on May 13, 2026, as reported by the NSE. This bulk sale included approximately 119,623 shares by Brijesh Sanghani.

Jaydeep Kotwani has made a significant investment in Mangal Credit N Fincorp Ltd, purchasing approximately 119,820 shares at ₹170.6 each. This move indicates confidence in the company's future prospects.

Mangal Credit and Fincorp Ltd are planning a fundraise through the issuance of Non-Convertible Debentures (NCDs). The board meeting scheduled for May 7, 2026, will discuss these fundraising plans.

Mangal Credit has secured a comprehensive insurance agency license from the Insurance Regulatory and Development Authority of India (IRDAI), valid until April 2029. This license expansion enables them to offer insurance services across multiple categories, thereby expanding their service portfolio.

Mangal Credit and Fincorp Ltd have paid out an early interest sum of ₹50 crore for their NCDs, demonstrating their commitment to timely financial obligations. The interest payment, including TDS, amounted to ₹54.8 lakh and was made on April 2, 2026.