Vipin 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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Vipin Prakash Mangal, a promoter of Mangalam Global Enterprise Limited (MGEL), has submitted an annual declaration to NSE and BSE as required under SEBI's Takeover Regulations. The declaration confirms that no promoter or person acting in concert has created any new encumbrance (such as a pledge or lien) on the company's equity shares during FY 2024-25, beyond what has already been disclosed. The filing is dated April 4, 2025, and is a routine year-end compliance requirement for promoters.
This is a standard annual compliance filing with no material impact on the stock or shareholders. It reassures the market that promoters have not pledged any additional shares without disclosure during the year.