The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Avayaan Vikram Jalan & Vaishnavi Jalan
MANGLMCEM · price
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Promoter Anshuman Vikram Jalan transferred 11,017 shares (0.02% of the diluted share capital) of Mangalam Cement to his two children — Avayaan Vikram Jalan (5,509 shares on 15 Dec 2025) and Vaishnavi Jalan (5,508 shares on 17 Dec 2025) — as a gift with no consideration involved. Post-transfer, Avayaan's holding stands at 38.95% and Vaishnavi's at 38.97%, while Anshuman's stake reduced from 1.08% to 1.04%. The transaction qualifies as an inter-se transfer among promoters under Regulation 10(1)(a) of SEBI Takeover Regulations and is exempt from the open offer requirement.
Negligible market impact — this is an internal family reshuffle (gifting shares from father to minor children) with no change in aggregate promoter control and no cash component. Shareholders need not worry about any change in management or control.