Mangalam Drugs and Organics Limited has disclosed defaults on its loan obligations to Bank of Baroda and Bank of Maharashtra, with overdue amounts exceeding 30 days.

The company reported that as of January 15, 2026, the overdue amount for its loan account with Bank of Maharashtra (Cash Credit A/c. No. 60383561246) was ₹1040.71 Lakhs, with the default starting on October 17, 2025. Additionally, the loan account with Bank of Baroda (Cash Credit A/c. No. 04170500000243) had an overdue amount of ₹514.92 Lakhs, with the default commencing on October 20, 2025.

Mangalam Drugs and Organics Limited stated that arrangements are being made to pay the overdue amounts as soon as possible. This disclosure is made in accordance with Regulation 30, Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.