Announced Fri, 6 Jun · 11:14 IST

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

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, part of the promoter group 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). His personal stake dropped from 7.14% (6.86 crore shares) to 7.01% (6.74 crore shares) of the company. The combined promoter group holding, which includes PAC Wardwizard Solutions India Private Limited, came down marginally from 14.73% to 14.60% of total share capital. The PAC Wardwizard Solutions did not sell any shares in these transactions. The company's total equity share capital is 96.16 crore shares of Re. 1 each.

Likely market impact

This is a small on-market sale by a promoter trimming his stake by only 0.13 percentage points. The size is too small to materially affect the stock or signal a major shift in promoter confidence.