The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yatin Sanjay Gupte, Promoter and Director of Mangalam Industrial Finance Ltd, sold 23,00,000 equity shares on-market through two tranches: 18,00,000 shares on 20th May 2025 and 5,00,000 shares on 21st May 2025. His individual stake declined from 7.76% to 7.52% of voting capital. Including PAC Wardwizard Solutions India Private Limited (7.59%), the combined promoter group holding dropped from 15.35% to 15.11%. The disclosure was filed under SAST Regulation 29(2), and the total share capital remains unchanged at 96,16,43,500 equity shares of Re. 1 each. No encumbrances (pledges) were created or released as part of this transaction.
This is a modest on-market stake sale by a promoter, reducing his personal holding by only 0.24%. The combined promoter group remains comfortably above takeover thresholds at 15.11%, so this is unlikely to materially affect share price or control dynamics. Retail investors may view this as a routine portfolio adjustment rather than a sign of promoter distress.