Shareholding31 Oct 2026, 11:00 am
Mangalam Global Promoter Gifts 76 Lakh Shares to Relative
AI Summary
Mangalam Global Enterprise Ltd has filed a disclosure regarding an inter-se transfer of shares within the promoter group. Ms. Rashmi Mangal will gift 76,00,000 equity shares (2.3061%) to Mr. Vipin Prakash Mangal, who is an immediate relative and also a promoter. This transfer is without consideration and is exempt from open offer requirements under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011. The transaction is expected to occur on or after November 06, 2026. Post-transfer, Mr. Vipin Prakash Mangal's shareholding will increase to 14.9633%, while Ms. Rashmi Mangal's will decrease to 6.9118%. No change in control or management is anticipated.
Key Highlights
- Promoter group inter-se transfer of 76,00,000 shares by way of gift.
- Acquisition by Mr. Vipin Prakash Mangal from Ms. Rashmi Mangal.
- Exempt from open offer under SEBI (SAST) Regulations, 2011.
- No consideration involved in the share transfer.
- Promoter shareholding shifts: Vipin Prakash Mangal to 14.96%, Rashmi Mangal to 6.91%.
Price Impact
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