The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
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Awaiting price reaction for this filing.
Yatin Sanjay Gupte, part of the promoter group of Mangalam Industrial Finance Ltd, sold 7,39,738 equity shares through on-market transactions on 26th and 27th May 2025 (3,39,738 shares on May 26 and 4,00,000 shares on May 27). His individual stake in the company dropped marginally from 7.44% to 7.36% of the share capital. Along with PAC Wardwizard Solutions India Private Limited (which holds 7.59% unchanged), the combined promoter group holding slipped from 15.03% to 14.95%. The company's total equity share capital stands at Rs. 96.16 crore, divided into 9.61 crore shares of Re. 1 each. No encumbrance or pledge activity was reported — all such holdings are at zero.
This is a small promoter offloading (less than 0.1% of total share capital) and is unlikely to meaningfully impact the stock price. The promoter group remains comfortably above 14% combined, so control and voting dynamics are unaffected. Investors may view this as routine promoter activity rather than a negative signal.