DY Captive Projects LLP Sells 53.38 Lakh Shares in Mangalam Industrial Finance
DY Captive Projects LLP, a promoter entity, has sold 53,38,272 equity shares of Mangalam Industrial Finance Limited in two tranches on 13th and 15th April, 2026, reducing its shareholding from 5.36% to 4.99%. The transaction was disclosed under SEBI Regulation 29(2) with proper regulatory compliance maintained by designated partner Kameshwar Singh.

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DY Captive Projects LLP, a promoter entity of Mangalam Industrial Finance Limited, has disclosed the sale of 53,38,272 equity shares in the company through open market transactions. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on 16th April, 2026.
Transaction Details
The share sale was executed in two separate tranches over a period of three days:
| Transaction Date: | Shares Sold |
|---|---|
| 13th April, 2026: | 25,87,606 |
| 15th April, 2026: | 27,50,666 |
| Total: | 53,38,272 |
The transactions represent 0.37% of the total share capital of Mangalam Industrial Finance Limited and were conducted through open market sales on BSE Limited.
Shareholding Changes
The sale has resulted in a reduction of DY Captive Projects LLP's stake in the company:
| Parameter: | Before Sale | After Sale | Change |
|---|---|---|---|
| Number of Shares: | 76,429,374 | 71,091,102 | -53,38,272 |
| Shareholding %: | 5.36% | 4.99% | -0.37% |
| Voting Rights %: | 5.36% | 4.99% | -0.37% |
Regulatory Compliance
The disclosure was filed by Kameshwar Singh, Designated Partner of DY Captive Projects LLP (DPIN: 08575577), confirming compliance with SEBI regulations for substantial shareholding changes. The entity belongs to the promoter group of Mangalam Industrial Finance Limited and holds no encumbered shares, voting rights other than through equity shares, or any warrants or convertible securities in the company.
Company Information
Mangalam Industrial Finance Limited is listed on BSE Limited with script code 537800. The company has an equity share capital of ₹1,42,51,29,928 divided into 1,42,51,29,928 equity shares of Re. 1 each. The company's registered office is located at Old Nimta Road, Nandan Nagar, Belghoria Kolkata, West Bengal, while its corporate office is situated in Vadodara, Gujarat.
The formal disclosure documents were signed by Samoil Akilbhai Lokhandwala, Company Secretary and Compliance Officer of Mangalam Industrial Finance Limited, ensuring proper regulatory compliance and transparency in the shareholding transaction.
Historical Stock Returns for Mangalam Industrial Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.28% | -2.53% | -11.49% | -49.01% | -52.76% | +14.93% |
Will DY Captive Projects LLP continue reducing its stake below the 5% threshold to avoid future disclosure requirements?
How might this promoter stake reduction impact Mangalam Industrial Finance's stock price and investor confidence in the near term?
What strategic reasons could be driving the promoter group to liquidate their holdings at this particular time?


































