Announced Mon, 22 Jun · 15:55 IST

Promoter group declares no share encumbrance for FY26

Ownership Changes View source PDF

MEIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.7%1-day move
₹318.00
prior close
₹314.50
base price
After-mkt
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+0.0+0.2+1.7+1.7-5.7-1.9-5.7-5.3-5.3-3.7-5.7-9.4
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AI summary

Mangal Electrical Industries promoter and promoter group filed a declaration under SEBI takeover rules stating that no shares were encumbered during the financial year ended March 31, 2026. Total promoter group holding stands at 74.79 percent (about 2.06 crore shares). Key individual holdings include Rahul Mangal at 30.48 percent, Saroj Mangal at 21.05 percent, and Ashish Mangal at 14.59 percent.

Likely market impact

Routine annual compliance filing confirming no new pledges were created, neutral for shareholders.