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

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.3%1-day move

₹0.78

prior close

₹0.78

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.6+2.6+1.3+2.6+1.3+0.0-1.3-1.3-5.1-12.8-21.8-19.2-20.5-25.6

Up moveDown movePending

AI summary

Wardwizard Solutions India Private Limited (along with PAC Mr. Yatin Sanjay Gupte) has created a pledge on 1,50,00,000 equity shares (1.05% of total capital) of Mangalam Industrial Finance Ltd in favour of Blacksoil Capital Private Limited. The transaction was executed on 7th April 2026 and disclosed on 9th April 2026. After this pledge creation, the combined holding of Wardwizard and its PAC subject to encumbrance stands at 10,00,00,000 shares representing 7.06% of Mangalam's total diluted share capital of ₹1,42,51,29,928 divided into 1,42,51,29,928 equity shares of ₹1 each. This is an additional pledge; the PAC already had 85 million shares (5.96%) pledged earlier.

Likely market impact

The pledge of promoter shares with Blacksoil Capital may indicate borrowing against Mangalam shares as collateral. The combined 7.06% encumbered shares is modest, but the pledge by a promoter/PAC entity signals potential financial activity that investors should monitor for any future pledge invocation risks.