Acquisitions4 Mar 2026, 12:42 pm
Wardwizard Solutions India Pvt Ltd Acquires Shares of Mangalam Industrial Finance Ltd via Open Market
AI Summary
Wardwizard Solutions India Pvt Ltd has acquired 39,61,817 equity shares of Mangalam Industrial Finance Ltd through open market as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition took place on 27th February, 2026. After the acquisition, Wardwizard Solutions India Pvt Ltd holds 7.40% of the total voting capital of Mangalam Industrial Finance Ltd and Mr. Yatin Sanjay Gupte holds 5.98% of the total voting capital.
Key Highlights
- Wardwizard Solutions India Pvt Ltd acquired 39,61,817 equity shares of Mangalam Industrial Finance Ltd.
- The acquisition was made through the open market on 27th February, 2026.
- Wardwizard Solutions India Pvt Ltd now holds 7.40% of the total voting capital of Mangalam Industrial Finance Ltd.
- Mr. Yatin Sanjay Gupte holds 5.98% of the total voting capital of Mangalam Industrial Finance Ltd.
- The acquisition was made as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.