Mangal Credit and Fincorp Ltd
Enclosed herewith the results as mentioned under the captioned.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 28 May 2026, 08:29 PM IST · BSE ID: 51bf30b6-2682-4dc9-b192-84b58d14314a
View Original BSE Filing (PDF)
💡
In Simple Terms
The company released its full-year financial results, proposed a dividend, and plans to issue new shares to raise money.
🤖 AI Summary
- Board approved financial results for the quarter and financial year ended March 31, 2026.
- Recommended a final dividend of ₹0.75 (7.5%) per equity share of face value ₹10/- for FY26.
- Approved raising funds by issuing up to 25,00,000 fully convertible unlisted equity warrants.
- Promoter holding post-preferential allotment is estimated at 1,41,65,847 equity shares (59.99%).
- Appointed M/s Anand R. Chandak & Company as Internal Auditors for Financial Year 2026-27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Final Dividend per Equity Share
₹0.75
Face Value per Equity Share
₹10/-
Number of Convertible Warrants to be Issued
25,00,000
Pre-Preferential Promoter Holding (Equity Shares)
1,16,65,847 (55.25%)
Post-Preferential Promoter Holding (Equity Shares)
1,41,65,847 (59.99%)
🏢 How This Affects the Company
The proposed issuance of 25,00,000 convertible warrants will raise capital for the company, improving its financial liquidity and funding growth initiatives.
Appointment of M/s Anand R. Chandak & Company as Internal Auditors for FY26-27 strengthens internal controls and governance.
The preferential allotment of convertible warrants to Promoters and Non-Promoters diversifies the shareholder base and provides capital without immediate debt accumulation.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must approve the recommended final dividend and the proposed issuance of convertible warrants at the ensuing Annual General Meeting.
👤
Who Is Affected
Shareholders holding equity shares of face value ₹10/- each will be eligible for the recommended dividend of ₹0.75 per share, pending approval. Existing shareholders will experience dilution following the conversion of 25,00,000 equity warrants.
🔍
Management Signal
The management's decision to recommend a dividend and pursue equity warrant issuance indicates a focus on capital management and shareholder value, alongside growth funding.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Annual General Meeting date — for shareholder approvals of dividend and warrants.
Record date announcement for the recommended final dividend of ₹0.75.
Details on the issue price and allotment of the 25,00,000 convertible warrants.
LOW RISK
The filing primarily details routine board approvals and a fundraising plan via warrants, with no immediate high-risk elements.
💡 Investor Takeaway
Mangal Credit and Fincorp's board approved FY26 financial results and recommended a final dividend of ₹0.75 per equity share. The company also secured approval to raise funds by issuing up to 25,00,000 fully convertible unlisted equity warrants.
⚖️ Strengths & Concerns
✅ Positives
- Recommendation of a final dividend of ₹0.75 per equity share signals the company's profitability and commitment to shareholder returns for FY26.
- Approval to raise funds by issuing up to 25,00,000 fully convertible unlisted equity warrants provides capital for future operations and expansion.
⚠️ Concerns
- The filing does not provide specific financial performance numbers for revenue or net profit for FY26 or Q4 FY26.
- The issue price for the 25,00,000 equity warrants is yet to be determined, introducing an element of uncertainty regarding the exact capital to be raised.
❓ Frequently Asked Questions
What dividend did Mangal Credit and Fincorp Ltd. recommend for FY26?
Mangal Credit and Fincorp Ltd. recommended a final dividend of ₹0.75 (7.5%) per equity share (of face value ₹10/- each) for the financial year ended March 31, 2026.
How many equity warrants does Mangal Credit and Fincorp Ltd. plan to issue?
Mangal Credit and Fincorp Ltd. approved the creation and issuance of up to 25,00,000 fully convertible unlisted equity warrants on a preferential basis.
What will be the promoter holding after the preferential allotment of warrants?
After 100% conversion of the convertible equity warrants allotted to the Promoter(s) group, the post-preferential promoter holding will be 1,41,65,847 equity shares (59.99%).
Who was appointed as the Internal Auditor for Mangal Credit and Fincorp Ltd. for FY2026-27?
M/s Anand R. Chandak & Company, Chartered Accountants, was appointed as the Internal Auditor for Mangal Credit and Fincorp Ltd. for the Financial Year 2026-27.
Questions based on this BSE filing only. For information purposes.