Pledge9 April 2026 at 10:36 am
Blacksoil Capital Private Limited Creates Pledge of 1,50,00,000 Equity Shares in Wardwizard Solutions India Private Limited at Mangalam Industrial Finance Ltd
AI Summary
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 09, 2026 for Wardwizard Solutions India Pvt Ltd. Blacksoil Capital Private Limited has created the pledge of 1,50,00,000 equity shares in their favor. This disclosure is made under Securities and Exchange Board of India’s (“SEBI”) Master circular dated February 16, 2023 bearing reference no. SEBI / HO / CFD / PoD- 1 / P / CIR / 2023 / 31.
Key Highlights
- Blacksoil Capital Private Limited has created a pledge of 1,50,00,000 equity shares in Wardwizard Solutions India Private Limited.
- The pledge is made in favor of Blacksoil Capital Private Limited as collateral for the financial assistance availed to a group company.
- The pledge agreement was executed on 27th March, 2026.
- The pledge is secured by the pledge of 1,50,00,000 Equity Shares held by the pledgor in the Target Company.
- The disclosure is made under Securities and Exchange Board of India’s (“SEBI”) Master circular dated February 16, 2023 bearing reference no. SEBI / HO / CFD / PoD- 1 / P / CIR / 2023 / 31.