Announced Wed, 4 Mar · 12:40 IST

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

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

Wardwizard Solutions India Pvt Ltd, acting along with PAC Mr. Yatin Sanjay Gupte, sold 39,61,817 equity shares (about 0.28% of share capital) of Mangalam Industrial Finance Ltd through open market on 27th February 2026. Wardwizard's holding came down from 7.68% (10,94,82,313 shares) to 7.40% (10,55,20,496 shares), while Mr. Gupte's personal holding stayed flat at 5.98%. Combined PAC holding reduced marginally from 13.66% to 13.38% of the company's voting capital. The disclosure was filed on 3rd March 2026 to BSE.

Likely market impact

This is a minor, routine trimming of position by a sizeable shareholder — the sale is only 0.28% of capital and combined promoter/PAC influence remains essentially intact at 13.38%. Retail investors are unlikely to see a material shift in control or shareholder structure from this transaction.