Pledge7 April 2026 at 10:56 am
Yatin Sanjay Gupte Creates Pledge of 67,456,105 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. Mr. Gupte has created a pledge of 67,456,105 shares in Mangalam Industrial Finance Limited in favor of Blacksoil Capital Private Limited. This disclosure is made in accordance with Regulation 31(2) & 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The agreement for the pledge was executed on 27th March, 2026.
Key Highlights
- Yatin Sanjay Gupte, a promoter of Mangalam Industrial Finance Ltd, has created a pledge of 67,456,105 shares.
- The pledge is in favor of Blacksoil Capital Private Limited.
- The agreement for the pledge was executed on 27th March, 2026.
- The disclosure is made in accordance with Regulation 31(2) & 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The shares are pledged as collateral for a financial assistance availed by a group company.