Shareholding10 April 2026 at 05:33 am
Mangalam Industrial Finance: Promoter pledges 1.5 Cr shares
AI Summary
Mangalam Industrial Finance Ltd announced that its promoter, Wardwizard Solutions India Private Limited, has created a pledge on 1,50,00,000 equity shares of the company. The pledge was made on April 7, 2026, in favor of Blacksoil Capital Private Limited. These shares, representing 1.05% of Mangalam Industrial Finance's total share capital, serve as collateral for financial assistance availed by a group company. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Wardwizard Solutions India Pvt Ltd pledged shares.
- 1,50,00,000 equity shares of Mangalam Industrial Finance were pledged.
- Pledge was in favor of Blacksoil Capital Private Limited.
- Shares pledged as collateral for financial assistance to a group company.
- Pledged shares represent 1.05% of the company's total share capital.