Announced Wed, 1 Apr · 12:41 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 01, 2026 for Yatin Sanjay Gupte

Ownership Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+5.4%1-day move
₹0.74
prior close
₹0.77
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-1.3-1.3+5.4+9.5+5.4+6.8+5.4+6.8-9.5-13.5-9.5-16.2
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AI summary

Promoter Yatin Sanjay Gupte has created a pledge on 67,456,105 equity shares (4.73% of total share capital) in favor of Blacksoil Capital Private Limited. The pledge was executed on March 30, 2026, pursuant to a Pledge Agreement dated March 27, 2026. This pledge serves as collateral for financial assistance obtained by a group company. Yatin Sanjay Gupte holds 852,729,898 shares (5.98% of total share capital) in Mangalam Industrial Finance Ltd, and the pledged shares represent approximately 7.91% of his holding. The PAC (Wardwizard Solutions India Private Limited) also holds 1,055,205,496 shares in the company.

Likely market impact

The pledge creation indicates the promoter has leveraged shares for borrowing, which could signal financial stress or capital-raising activity within the promoter group. However, since the pledged portion is relatively small (7.91% of promoter holding), the immediate dilution impact on available promoter shares is limited.