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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Yatin Sanjay Gupte, Promoter and Director of Mangalam Industrial Finance Ltd, sold 12,00,000 equity shares through on-market transactions on June 3 and June 4, 2025 (6 lakh shares each day), with intimation to the company on June 5, 2025. His individual holding fell from 7.14% (68,643,599 shares) to 7.01% (67,443,599 shares). Combined with PAC Wardwizard Solutions India Pvt Ltd (unchanged at 7.59%), the promoter group's total holding reduced marginally from 14.73% to 14.60%, a reduction of 0.13 percentage points. The disclosure was filed under SEBI SAST Regulation 29(2).
The reduction is small (just 0.13% of share capital) and unlikely to materially affect stock price or control dynamics. However, it indicates the promoter is gradually trimming his personal stake, which investors may track alongside future disclosures for signs of a larger exit.