16-Oct-2026 15:12:12

MANGALAMGeneral news

MANGALAM DRUGS : DISCLOSES DEFAULT ON BANK LOAN OBLIGATIONS

• Company defaulted on loan obligations to Bank of Maharashtra and Bank of Baroda for a period exceeding 30 days • Overdue amount to Bank of Maharashtra ₹9.51 Cr (₹951.19 L) as on 15/10/2026; default start date 17/10/2025 • Overdue amount to Bank of Baroda ₹6.06 Cr (₹606.08 L) as on 15/10/2026; default start date 20/10/2025 • Company states it is making arrangements to pay the overdue amount as soon as possible

Mangalam Drugs And Organics Limited

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