Announced Fri, 30 May · 10:10 IST

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

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

Yatin Sanjay Gupte, Promoter and Director of Mangalam Industrial Finance Ltd, sold 7,39,738 equity shares (about 0.08% of total share capital) through on-market transactions on May 26 and May 27, 2025. His personal holding fell from 7.44% (7,15,83,337 shares) to 7.36% (7,08,43,599 shares). The PAC, Wardwizard Solutions India Private Limited, did not sell any shares and its stake remained at 7.59% (7,29,88,209 shares). Combined promoter group holding declined marginally from 15.03% to 14.95%. No shares are pledged or encumbered. The total equity share capital of the company is Rs. 96,16,43,500 divided into 96,16,43,500 shares of Re. 1 each.

Likely market impact

This is a minor stake reduction by one promoter and is unlikely to move the stock meaningfully. Combined promoter holding stays around 15%, well below any takeover thresholds, so there is no governance red flag for retail investors.