Credit ratingMajor development· Adverse for the businessFiled on BSE ·

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) →

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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.