Mangal Electrical Industries has acquired industrial land in Rajasthan for ₹8 crore to expand its manufacturing facilities and support future business operations. The acquisition, completed on June 29, 2026, involves a total area of 1.4315 Hect. located at Revenue Village Parsarampura, Patwar Halka Sargoth, District Sikar, Rajasthan. The company purchased the land through cash consideration, excluding stamp duty, registration charges, and other incidental expenses.

The transaction includes Khasra No. 1148/1 and Khasra No. 1148/2. The acquisition is intended to augment manufacturing capacity and align with the company's long-term growth strategy. The company confirmed that the promoter, promoter group, and group companies have no interest in the transaction, which was entered into on an arm's length basis.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Naresh Kumar Sharma, Company Secretary & Compliance Officer, on behalf of Mangal Electrical Industries Limited.

Mangal Electrical Industries disclosed that its promoter and promoter group, including persons acting in concert, did not encumber any shares directly or indirectly during the financial year ended March 31, 2026. The declaration was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This confirmation assures investors regarding the unencumbered status of the promoter holding, which is a key indicator of financial stability and promoter confidence.

The filing, dated April 06, 2026, was signed by Naresh Kumar Sharma, Company Secretary & Compliance Officer, on behalf of the company. The disclosure was received from Rahul Mangal, Promoter and Chairman & Managing Director, on behalf of the entire promoter group. The submission included two sets of documents detailing the shareholding pattern as on March 31, 2026, one with PAN details and another without, to meet regulatory requirements.

Promoter Shareholding Details

The promoter and promoter group collectively hold 20,664,685 equity shares, representing 74.79% of the total paid-up share capital of the company. The holding is distributed among eight individuals and a Hindu Undivided Family (HUF). The largest shareholder within the promoter group is Rahul Mangal, who holds 30.48% of the equity shares.

The absence of any encumbrance on these shares indicates that the promoters have not pledged their holdings to secure loans or other financial obligations during the specified period. This disclosure is mandatory under SEBI regulations to ensure transparency and protect the interests of minority shareholders.