Announced Wed, 4 Jun · 12:00 IST

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

Promoter Below 50pctOwnership 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, part of the promoter group of Mangalam Industrial Finance Limited, sold 11,00,000 equity shares (approximately 0.11% of total share capital) through on-market transactions on 30th May 2025 (4,00,000 shares) and 2nd June 2025 (7,00,000 shares). Before the sale, Yatin personally held 69,743,599 shares (7.25%), while PAC Wardwizard Solutions India Private Limited held 72,988,209 shares (7.59%), making the combined promoter group holding 14.84%. After the sale, Yatin's personal stake reduced to 68,643,599 shares (7.14%), with the combined promoter group holding now at 14.73% (141,631,808 shares). The company's total share capital stands at Rs. 96.16 crore, divided into 96.16 crore equity shares of Re. 1 each. No encumbrance (pledge/lien) was created or released as part of this transaction.

Likely market impact

Minor trimming of the promoter's personal stake by just 0.11% — unlikely to impact stock price or company control since the combined promoter group holding remains a modest 14.73%, well below majority levels.