Non Banking Financial Company (NBFC)
Pledge7 April 2026 at 11:01 am

Promoter Yatin Sanjay Gupte Creates Pledge of 1,75,43,895 Shares in Mangalam Industrial Finance Ltd

AI Summary

The Exchange has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Yatin Sanjay Gupte, a promoter of Mangalam Industrial Finance Ltd. The disclosure is regarding the creation of a pledge of 1,75,43,895 shares in favor of Blacksoil Capital Private Limited. The shares were previously unencumbered and the pledge was created on April 02, 2026. The shares 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 shares represent 1.23% of the total share capital of the company.
  • The pledge was created on April 02, 2026.
  • The shares were previously unencumbered.