The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 10, 2026 for Shree Kishoriju Trading ....
MANGALAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Kishoriju Trading and Investments Private Limited, part of the promoter group of Mangalam Drugs & Organics Ltd, has disclosed the release of 1,500 pledged shares. The pledge, originally created as security for debt in favor of M/s Badjate Stock Broking Private Limited, was released on 06/02/2026, with the disclosure filed on 10/04/2026 under SEBI (SAST) Regulations 31(1) and 31(2). Post-release, the entity's holding stands at 5,08,599 shares, representing 3.21% of the company's share capital. The pre-event holding was 5,07,099 shares (3.20%), indicating no change in overall ownership — only the encumbrance has been removed.
Release of pledged shares is generally viewed as a positive signal, indicating reduced financial encumbrance on promoter holdings and lower forced-sale risk. However, since the quantity released is very small relative to total promoter shareholding, the material impact on the stock is likely limited.