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, has submitted a declaration to NSE and BSE under SEBI's Takeover Regulations. The declaration states that none of the promoters or persons acting in concert have created any new encumbrance (such as pledge or lien) on the company's equity shares during financial year 2024-25, other than what has already been disclosed. This is a routine annual compliance filing required under Regulation 31(4). The filing was dated April 7, 2025, and a copy has also been shared with the company's Audit Committee.
This is a routine compliance disclosure with no material impact on shareholders. It essentially confirms that there is no hidden or undisclosed pledging of promoter shares, which is mildly reassuring for investors monitoring promoter integrity.