The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.7 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Yatin Sanjay Gupte, a Promoter and Director of Mangalam Industrial Finance Ltd, sold 7,73,935 equity shares via on-market transactions across two days — 4,67,063 shares on May 22, 2025 and 3,06,872 shares on May 23, 2025. This reduced his individual holding from 7.52% (72,35,72,72 shares) to 7.44% (71,58,33,37 shares) of the company's share capital. The PAC, Wardwizard Solutions India Private Limited, did not sell any shares and its holding remained unchanged at 7.59%. Combined promoter group holding dipped marginally from 15.11% to 15.03%. No encumbrances (pledges) were created, invoked, or released as part of this transaction. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations.
A small promoter sell-off of just 0.08% of equity; unlikely to materially impact stock price or change control dynamics. Investors may note continued gradual trimming by the individual promoter, though the PAC's unchanged stake suggests no broader group exit.