Mangalam Global: Infomerics rates loans Rs. 248.45 Crore IVR BBB/Negative, Issuer Not Cooperating
Mangalam Global Enterprise Ltd
What the filing says
- Infomerics issued a press release on October 29, 2026 on total bank loan facilities rated of Rs. 248.45 Crore.
- Long term: IVR BBB / Negative; ISSUER NOT COOPERATING. Rating reaffirmed, migrated to Issuer Not Cooperating category, outlook revised to Negative from Positive.
- Short term: IVR A3+; ISSUER NOT COOPERATING. Reaffirmed and migrated to Issuer Not Cooperating category. Acuité assigned the active rating on August 04, 2026.
Why it's rated major development: credit rating downgrade is always high
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement Under Regulation 30 (LODR)-Credit Rating
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Mangalam Global Enterprise Ltd
- Fundraise / allotmentNotableMangalam Global Enterprise Limited approves issuance of NCDs worth up to ₹150 crore
- Fundraise / allotmentNotableMangalam Global Enterprise approves NCD issue of up to ₹150 Crores via private placement
- Fundraise / allotmentNotableMangalam Global Enterprise to meet on Oct 16, 2026 for NCD issuance proposal
Other credit rating filings this fortnight
- Juniper Green Energy Q2 FY27: total income ₹371.64 Cr, up 132%; PAT ₹53.56 Cr
- Shree Refrigerations Limited H1 FY27 Net Profit Up 360.9%; CARE Upgrades Rating
- IDBI Bank's long-term rating placed on Watch with Developing Implications by ICRA
- Archean Chemical's Rs.1531 crore bank facilities downgraded by CRISIL to A-/Stable
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
