The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Varsha Adhikari
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On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.6 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Varsha Biswajit Adhikari, a Director of Mangalam Global Enterprise Ltd, purchased 10,000 equity shares (0.003% of total capital) in the open market on March 20, 2026. Prior to this acquisition, she held zero shares in the company. After the purchase, her holding stands at 10,000 shares (0.003%). The total share capital of the company is 32,95,55,600 equity shares of Rs. 1 each. She explicitly stated she does not belong to the Promoter/Promoter group.
This is a small, routine open-market purchase by a non-promoter Director. The stake is negligible at 0.003%, so it has no material impact on shareholding structure or stock price.