Aditya Ramniwas Dhoot has submitted the Exchange a copy of Disclosure pursuant to Regulations 31(1) and 31(2) of the SEBI (SAST) Regulations, 2011.by the promoters/promoter group to the stock Exchanges for release of pledge shares.
MANGALAM · price
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Promoter Aditya Ramniwas Dhoot has disclosed a release of 89,000 pledged shares of Mangalam Drugs and Organics Limited, representing about 0.56% of the company's total share capital. The release was carried out on 16 March 2026 and reported to the stock exchanges on 18 March 2026 under SEBI (SAST) Regulations 2011. The pledged shares were held as security for a loan from M/s Famy Care Private Limited. After this release, the promoter's encumbered holdings are reduced, while his total shareholding in the company remains unchanged.
This is a positive signal for the stock — the promoter has freed up shares that were previously locked as collateral, which reduces financial pressure on the promoter group and lowers the risk of forced selling. However, given the small size (0.56% of capital), the direct impact on the share price is likely limited.