Non Banking Financial Company (NBFC)
Shareholding10 April 2026 at 07:57 am

DY Captive Projects LLP sells 49.12 lakh shares in Mangalam Industrial Finance

AI Summary

DY Captive Projects LLP has disclosed the sale of 49,12,327 equity shares of Mangalam Industrial Finance Ltd through open market transactions. The sales occurred on April 7, 2026 (6,02,802 shares) and April 8, 2026 (43,09,525 shares). Prior to these sales, DY Captive Projects LLP held 85,742,180 shares, representing 6.02% of the total voting capital. Following the disposal, their shareholding has reduced to 80,829,853 shares, which constitutes 5.67% of Mangalam Industrial Finance Ltd's total voting capital. This transaction falls under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • DY Captive Projects LLP sold 49.12 lakh shares of Mangalam Industrial Finance.
  • The shares were disposed of through open market transactions on April 7-8, 2026.
  • Seller's stake reduced from 6.02% to 5.67% post-sale.
  • The transaction was disclosed under SEBI Takeover Regulations.