Mangalam Drugs and Organics Limited has disclosed a default on its loan obligations to Bank of Baroda and Bank of Maharashtra, exceeding 30 days. As of December 17, 2025, the company had overdue amounts of ₹707.05 lakhs (₹7.07 crore) with Bank of Maharashtra (Loan Account No. 60383561246), with the default starting on November 17, 2025. Additionally, ₹446.71 lakhs (₹4.47 crore) was overdue to Bank of Baroda (Loan Account No. 04170500000243), with the default commencing on November 17, 2025. A subsequent intimation dated December 19, 2025, provides slightly different dates for the start of default for these loans: November 17, 2025, for Bank of Maharashtra and October 20, 2025, for Bank of Baroda. The total overdue amount is ₹1153.76 lakhs (approximately ₹11.54 crore). The company has stated that arrangements are being made to pay the overdue amounts as soon as possible.