Mangalam Cement Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MANGLMCEM · price
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Vidula Consultancy Services Ltd., one of the promoters of Mangalam Cement, has filed a declaration under SEBI's Takeover Regulations stating that the promoter group and persons acting in concert (PAC) did not create any encumbrance (pledge, lien, or charge) on their shares during the financial year ended 31st March 2025. The disclosure lists 13 promoter/PAC entities collectively holding 1,08,67,620 shares, representing 39.52% of Mangalam Cement's total share capital. Key individual holdings include Vidula Consultancy Services (14.52%), Rambara Trading (10.82%), Aditya Birla Real Estate (8.65%), and Pilani Investment and Industries Corporation (3.71%).
This is a neutral-to-positive disclosure for shareholders, as it confirms that promoters did not pledge any additional shares during the year, suggesting no financial stress at the promoter level. The promoter group's aggregate holding remains below the 50% threshold at 39.52%, which keeps the company outside the 'promoter-controlled' majority zone and slightly more exposed to creeping acquisition or takeover risks.