Rambara Trading Private Limited, AVA Trading and Consulting Private Limited and Mignonette Creations Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
MANGLMCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Three promoter group entities of Mangalam Cement reported inter-se share transfers under SEBI SAST Regulation 10(6), exempting them from making an open offer. Rambara Trading acquired 4,80,000 shares (1.75%) from Aditya Birla Real Estate at Rs. 818/share, raising its holding from 31.36% to 33.10%. AVA Trading acquired 5,00,000 shares (1.82%) from Aditya Birla Real Estate at Rs. 818/share, taking its holding from 33.10% to 34.92%. Mignonette Creations acquired 20,000 shares (0.07%) from Pilani Investment and Industries Corporation at Rs. 812.50/share, moving from 39.93% to 40.00%. All transactions were completed on March 24, 2026, four working days after the required pre-acquisition disclosure to the stock exchanges on March 17, 2026. Since these are internal promoter group reshuffles, the overall promoter shareholding remains largely unchanged.
This is a reshuffling of shares within the existing promoter group rather than a change in total promoter ownership or new outside buying. It is largely a neutral, administrative event for shareholders with no expected impact on stock price or controlling interest.