05-Aug-2026Today's Market Indicators


Mangalam Global Enterprise receives BBB+ and A2 ratings from Acuite Ratings & Research Limited
(18:41, 05 Aug 2026)
Mangalam Global Enterprise Ltd. announced that Acuite Ratings & Research Limited has assigned ratings to its various bank loan facilities, including a Bank Loan Rating of ACUITE BBB+ for an amount of 219.00, another Bank Loan Rating of ACUITE A2 for an amount of 60.00, and a total outstanding rating of ACUITE for 279.00; these ratings are subject to change and can be confirmed via Acuite's website or QR code. The rating agency has also assigned stable ratings of BBB+ and A2 to several instruments including Cash Credit facilities from Punjab National Bank (40.00), HDFC Bank Limited (35.00), Working Capital Demand Loan from Canara Bank (30.00), a Covid Emergency Line from Punjab National Bank (2.32), Working Capital Term Loans from Punjab National Bank (7.97) and HDFC Bank Limited (6.02 and 6.93), a Term Loan from HDFC Bank Limited (6.37), State Bank of India Bank Guarantee (BLR) (2.00), Canara Bank Working Capital Term Loan (6.00), Indian Bank Cash Credit (15.00), Indian Bank Working Capital Term Loan (3.00), State Bank of India Proposed Long Term Bank Facility (0.65), Letters of Credit from State Bank of India (13.00), Punjab National Bank (10.00), HDFC Bank Limited (10.00), and Indian Bank (12.00), State Bank of India Working Capital Term Loan (9.74), State Bank of India Cash Credit (50.00), and other instruments; SEBI, MCA, and RBI have no applicable ratings to report.