Pledge6 April 2026 at 02:02 pm
Yatin Sanjay Gupte Creates Pledge of 1,75,43,895 Shares in Favor of Blacksoil Capital
AI Summary
The Exchange has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Yatin Sanjay Gupte, a promoter of Mangalam Industrial Finance Ltd, has created a pledge of 1,75,43,895 shares in favor of Blacksoil Capital Private Limited. This pledge is a collateral for financial assistance availed by a group company. The shares encumbered represent 1.23% of the total share capital of the company.
Key Highlights
- Yatin Sanjay Gupte, a promoter of Mangalam Industrial Finance Ltd, has created a pledge of 1,75,43,895 shares in favor of Blacksoil Capital Private Limited.
- The pledge is a collateral for financial assistance availed by a group company.
- The encumbered shares represent 1.23% of the total share capital of the company.
- The disclosure has been made under Securities and Exchange Board of India’s (“SEBI”) Master circular dated February 16, 2023.