Mangalam Worldwide Ltd has approved the issuance of non‑convertible debentures (NCDs) worth up to ₹1 billion. This strategic move aims to strengthen the company’s capital structure, support growth initiatives, and enhance financial flexibility. The decision reflects its commitment to sustainable expansion and investor confidence in India’s capital markets.
Mangalam Worldwide Ltd has announced board approval for the issuance of non‑convertible debentures (NCDs) up to ₹1 billion. NCDs are fixed‑income instruments that provide investors with stable returns while enabling companies to raise long‑term capital without diluting equity.
This issuance is expected to bolster Mangalam Worldwide’s funding base, supporting operational expansion and strategic projects. By opting for NCDs, the company demonstrates its focus on balancing debt and equity, ensuring financial discipline, and offering attractive investment opportunities to institutional and retail investors.
The move also highlights the company’s proactive approach to leveraging India’s debt market for sustainable growth, aligning with its long‑term business objectives.
Key Highlights
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Issuance Approved: NCDs worth up to ₹1 billion cleared by the board.
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Capital Strategy: Strengthens funding base without equity dilution.
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Investor Appeal: Provides stable returns and diversified investment options.
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Growth Focus: Supports expansion and strategic initiatives.
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Financial Discipline: Reinforces transparency and long‑term sustainability.
Sources: MoneyControl, Business Standard, NSE Corporate Filings