Mangal Credit AGM 2026: ₹0.75 Dividend, Key Dates

AGM notice: what the company has scheduled

Mangal Credit & Fincorp Ltd (BSE: MANCREDIT) has scheduled its 64th Annual General Meeting (AGM) for Tuesday, September 22, 2026 at 12:30 PM IST. The meeting will be conducted through video conferencing (VC) or other audio visual means (OAVM), as stated in the AGM notice and related newspaper clippings shared by the company.

The AGM is the key shareholder forum where routine and special business is taken up, including the consideration of dividends where applicable. For investors, such filings also clarify timelines for record date, e-voting cut-off, and book closure periods.

Final dividend proposal: 7.5% or ₹0.75 per share

The board of directors has recommended a final dividend of 7.5% of paid-up equity share capital for FY2025-26. This translates to ₹0.75 per equity share of face value ₹10, subject to shareholder approval at the AGM.

The company has reiterated the dividend proposal in multiple disclosures around the AGM notice. If approved, eligible shareholders as of the record date will receive the payout.

Record date, cut-off date, and book closure window

For dividend eligibility and voting, Mangal Credit & Fincorp has set key dates that shareholders should track. The company has disclosed a record date of September 14, 2026 for dividend eligibility.

In addition, the board approved the cut-off date as Monday, September 14, 2026 for remote e-voting and voting during the AGM. The company also approved the closure of the Register of Members and the Share Transfer Book from Tuesday, September 15, 2026 to Tuesday, September 22, 2026 (both days inclusive) for the purpose of conducting the AGM.

Board meeting outcome: AGM notice and annual report approved

In its board meeting held on August 6, 2026, the company approved the Notice of the 64th AGM and the Annual Report for FY2025-26, including the Directors’ Report and annexures. The same meeting also covered regulatory disclosures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, referencing multiple regulations including Regulation 30.

The August 6 meeting also approved unaudited financial results for the quarter ended June 30, 2026 and noted the limited review report issued by the statutory auditors, Bhagwagar Dalal & Doshi, Chartered Accountants.

FY26 financial performance: income and profit figures disclosed

For FY2025-26, the company reported total income of ₹69.97 crore (₹6,996.58 lakh). It also reported profit after tax (PAT) of ₹15.31 crore (₹1,530.65 lakh).

A separate disclosure noted that FY26 net profit increased 17.1% to ₹15.31 crore, while revenue rose 41% to ₹69.87 crore (₹6,986.58 lakh). These figures were presented as the drivers behind the dividend recommendation and were part of the broader set of year-end communications.

Balance sheet and asset quality metrics: CRAR and GNPA movement

Alongside growth, the company disclosed changes in key risk and asset quality indicators. CRAR decreased to 33.84% from 41.15%. GNPA increased to 1.29% from 1.19%.

These movements provide context on how the lender’s capital buffer and asset quality shifted during the year, even as it reported higher income and profit.

AUM growth and operating narrative highlighted by the company

Mangal Credit & Fincorp stated that its assets under management (AUM) grew 46% to ₹428.68 crore (₹42,868 lakh). The company attributed the growth to strong performance across loan segments and digital initiatives.

This is consistent with the lender’s broader operating narrative in FY26, where it reported higher income and continued to invest in scaling operations.

Fund raising and NCD-related disclosures

The company has also flagged fund-raising considerations through debt. A BSE intimation noted that a board meeting was scheduled on 14/08/2026 to consider and approve a proposal of fund raising by issuing Non-Convertible Debentures (NCDs).

Separately, the company disclosed that it issued ₹30.00 crore (₹3,000 lakh) in NCDs during the quarter, alongside other board actions such as increases in authorized share capital and borrowing limits (without specifying amounts in the shared text).

Stock price snapshot around the AGM period

As per the information provided, Mangal Credit’s share price was ₹223.39 as on September 18, 2026 at 03:50 PM IST. The stock was up 2.48% compared with the previous close of ₹215.24.

Such price moves can reflect a mix of factors, including reactions to corporate actions like dividends, recent financial performance disclosures, and broader market conditions.

Key facts table

Why this matters for shareholders and the market

The AGM timeline matters because it determines who can vote and who is eligible for the final dividend through the record date and book closure window. For investors tracking corporate actions, these dates are operationally important, especially when shares change hands close to eligibility deadlines.

The FY26 numbers provide context for the board’s dividend recommendation. At the same time, the disclosed shift in CRAR and GNPA adds detail on the risk and capital position during a year of reported growth.

Conclusion and the next milestone

Mangal Credit & Fincorp’s 64th AGM on September 22, 2026 is set to consider the proposed ₹0.75 per share final dividend for FY2025-26, with September 14, 2026 as the record and voting cut-off date. Investors will watch the AGM outcome, along with subsequent disclosures related to the company’s approved fundraising route through NCDs and ongoing quarterly financial updates.