�Chandragupt Prakash Mangal�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.
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Awaiting price reaction for this filing.
Chandragupt Prakash Mangal, a Promoter of Mangalam Global Enterprise Limited (NSE: MGEL, BSE: 544273), has submitted a declaration to the stock exchanges under SEBI Regulation 31(4). The declaration confirms that neither the promoters nor any persons acting in concert have created any new encumbrance (such as pledges or loans against shares) on the equity shares of the company during financial year 2024-25, beyond what was already disclosed. This is a routine annual compliance filing required from promoters of listed companies. The disclosure was digitally signed on April 9, 2025, and also shared with the company's Audit Committee.
This is a neutral, routine compliance filing with no material impact on the stock price. It provides reassurance to investors that promoters have not pledged additional shares or created undisclosed encumbrances during the year.