Announced Fri, 30 May · 17:43 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Yatin Sanjay Gupte, a member of the promoter/promoter group of Mangalam Industrial Finance Ltd, has filed a Regulation 29(2) SAST disclosure reporting the sale of 11,00,000 equity shares through on-market transactions executed on 28th and 29th May 2025. His individual holding dropped from 7.36% (7,08,43,599 shares) to 7.25% (6,97,43,599 shares), a reduction of 0.11%. The Person Acting in Concert (PAC), Wardwizard Solutions India Private Limited, holds 7.59% unchanged. Combined promoter group holding moved from 14.95% to 14.84% of the company's equity share capital of Rs. 96.16 crore (96,16,43,500 shares of Re. 1 each).

Likely market impact

The sale is small (just 0.11% of equity) and was executed on the open market, indicating a routine trim rather than a strategic exit. No material negative signal — combined promoter holding remains well above any key threshold and shareholder base is largely unchanged.