Mangalam Industrial Finance Ltd: Yatin Gupte Creates Pledge of 67,456,105 Equity Shares in Favor of Blacksoil Capital Private Limited

The Exchange has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Yatin Gupte. The disclosure pertains to the creation of a pledge of 67,456,105 equity shares in favor of Blacksoil Capital Private Limited. The shares are pledged by Yatin Gupte, who holds 5.98% of the total share/voting capital and 4.73% of the total diluted share/voting capital of the target company, Wardwizard Solutions India Private Limited. The mode of acquisition is a pledge, and the shares were pledged on 30th March 2026. The encumbered shares were released after the repayment of the credit facility.