Mangalam Worldwide Ltd Receives Ratings and Reaffirmation from Acuite' for Bank Facilities and Debt Instruments
Mangalam Worldwide Limited has received credit ratings from Acuite' Ratings & Research Limited concerning its bank facilities and debt instruments, as of June 12, 2026. The assessment provides specific details regarding the company's outstanding banking commitments and non-convertible debentures (NCD).The company’s bank facility ratings indicate a stable standing across various products. For the long-term Bank Loan facilities valued at Rs 206 Cr, Acuite' has reassigned a rating of ACUITE A- Stable & Reaffirmed. Simultaneously, short-term rated Bank Loan facilities amounting to Rs 45 Cr received an ACUITE A2+ & Reaffirmed status. The total outstanding quantum across bank facilities stands at Rs 251 Cr.
Mangalam Worldwide Ltd also secured a rating for its debt instruments. Non-Convertible Debentures (NCD), totaling a quantum of Rs 100 Cr, were assigned the ACUITE A+ Stable status and are classified as Assigned Provisional To Final.
The key financial details pertaining to the ratings provided by Acuite' are presented below:
Bank Facility Ratings Details:
| Product | Quantum (Rs Cr) | Long Term Rating | Short Term Rating |
|---|---|---|---|
| Bank Loan Ratings | 206 | ACUITE A- Stable & Reaffirmed | - |
| Bank Loan Ratings | 45 | - | ACUITE A2+ & Reaffirmed |
| Total Outstanding Quantum | 251 | - | - |
Further details regarding the rating for debt instruments are provided in the table below:
Debt Instrument Ratings Details:
| Product | Quantum (Rs Cr) | Long Term Rating | Short Term Rating |
|---|---|---|---|
| Non-Convertible Debentures (NCD) | 100 | Provisional & ACUITE A+ Stable Assigned Provisional To Final | - |
| Total Outstanding Quantum | 100 | - | - |
MWL Stock Price Movement
Mangalam Worldwide Limited saw its equity climb today, settling at ₹379.55 after the stock gained 1.25%. The shares finished the day trading within a narrow range of ₹376.5 to ₹382.1, with 33,080 shares traded in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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