Mangalam Worldwide Limited successfully completed its maiden listed NCD issuance of ₹50 crore via private placement on March 24, 2026.
The NCDs are rated 'Provisional ACUITE A+' by Acuité, and are senior, secured, redeemable, and listed instruments comprising 50,000 debentures at ₹10,000 face value each.
Funds raised will support long-term working capital requirements of the fully integrated stainless steel manufacturer with 1,90,000+ MTPA installed capacity.
The issuance is disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, marking a key milestone in MWL's capital markets journey.