MANGALAM DRUGS AND ORGANICS LIMITED DECLARES DEFAULT ON BANK LOANS

• Mangalam Drugs and Organics Limited has declared a subsequent default on its loan obligations to Bank of Baroda and Bank of Maharashtra. • The default exceeds 30 days, as per exchange regulations. • The overdue amounts are ₹951.19 Lakhs from Bank of Maharashtra and ₹606.08 Lakhs from Bank of Baroda. • The company is making arrangements to pay the overdue amounts as soon as possible. • Previous communication on this matter was dated February 16, 2026. Impact: Company facing financial distress.

Mangalam Drugs And Organics Limited

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