Mangalam Drugs: Promoter releases 1.73 lakh pledged shares (1.09%)

Mangalam Drugs & Organics Ltd. announced that its promoter, Shree Rasbihari Trading and Investments Private Limited, has released 1,73,000 pledged equity shares. This release, reported under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, represents 1.09% of the company's total share capital. The shares were released from pledge on March 16, 2026. This action reduces the encumbered holding of the promoter group, potentially signaling improved financial stability or reduced leverage requirements for the promoter.