The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Wardwizard Solutions India Pvt Ltd & PAC
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Awaiting price reaction for this filing.
Mangalam Industrial Finance Ltd filed a disclosure on BSE under SEBI's Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011. The disclosure was submitted by Wardwizard Solutions India Pvt Ltd along with persons acting in concert (PAC). The actual document content was not accessible from the BSE page (the source link returned a 'Page Not Found' / moved page error), so specific transaction details such as the number of shares, percentage acquired/sold, and the mode of acquisition cannot be confirmed. Regulation 29(2) filings typically relate to creeping acquisitions (incremental share purchases between 2% and 5% beyond the disclosure threshold) or changes in shareholding that need to be reported to the stock exchange.
Without the actual document details, the impact on Mangalam Industrial Finance Ltd's stock or shareholder base cannot be assessed. Investors should check the full disclosure on BSE Corporate Announcements to understand whether this is an acquisition, sale, or change in shareholding pattern by Wardwizard Solutions India Pvt Ltd & PAC, and what percentage of the company is involved.