Mangal Keshav Capital Limited Discloses Share Acquisition in Candour Techtex Limited
Mangal Keshav Capital Limited disclosed acquisition of 1,551 shares in Candour Techtex Limited through open market on April 28, 2026, increasing its holding to 41,39,951 shares representing 16.95% of total voting rights. The target company's equity share capital stands at Rs. 24,41,14,380 divided into 2,44,11,438 equity shares of Rs. 10 each, listed on BSE and MSE.

*this image is generated using AI for illustrative purposes only.
Mangal Keshav Capital Limited has submitted a disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding its shareholding in candour techtex . The disclosure details an acquisition transaction executed through open market operations on April 28, 2026.
Transaction Details
The acquisition involved the purchase of 1,551 shares carrying voting rights, representing 0.006% of the target company's total share capital. The mode of acquisition was through open market transactions. Prior to this acquisition, Mangal Keshav Capital Limited held 41,41,502 shares, which accounted for 16.96% of the total voting capital.
Shareholding Pattern
The following table outlines the shareholding details before and after the acquisition:
| Particulars | Number of Shares | % of Total Share/Voting Capital | % of Diluted Share/Voting Capital |
|---|---|---|---|
| Before Acquisition | |||
| Shares carrying voting rights | 41,41,502 | 16.96% | - |
| Acquisition Details | |||
| Shares acquired | 1,551 | 0.006% | - |
| After Acquisition | |||
| Shares carrying voting rights | 41,39,951 | 16.95% | - |
Company Information
Candour Techtex Limited's equity share capital and total voting capital remain unchanged at Rs. 24,41,14,380, divided into 2,44,11,438 equity shares of Rs. 10 each. The company's shares are listed on the Bombay Stock Exchange (BSE) and Metropolitan Stock Exchange (MSE). The total diluted share/voting capital of the target company after the acquisition is reported as not applicable.
The disclosure was signed by Paresh Navnitlal Bhagat, authorised signatory, on April 28, 2026, in Mumbai. Mangal Keshav Capital Limited has confirmed that it does not belong to the promoter or promoter group of the target company.
Key Points
- Acquirer: Mangal Keshav Capital Limited
- Target Company: Candour Techtex Limited
- Shares Acquired: 1,551 shares
- Acquisition Date: 28.04.2026
- Mode of Acquisition: Open Market
- Post-Acquisition Holding: 41,39,951 shares (16.95%)
- Listings: BSE and MSE
- Promoter Status: Not applicable (N.A.)
- Authorised Signatory: Paresh Navnitlal Bhagat
- Place of Signing: Mumbai
- Disclosure Date: 28-04-2026
- Regulation: Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Equity Share Capital: Rs. 24,41,14,380 divided into 2,44,11,438 equity shares of Rs. 10 each
- Total Diluted Share/Voting Capital: Not applicable (-)
- Pre-Acquisition Holding: 41,41,502 shares (16.96%)
- Acquisition Percentage: 0.006%
- Post-Acquisition Percentage: 16.95%
- Voting Rights: Shares carrying voting rights only
- Encumbrance Details: Not provided
- Warrants/Convertible Securities: None mentioned
- Clause 35 Reference: Total share capital/voting capital as per latest filing under Clause 35 of Listing Agreement
- Diluted Capital Definition: Total number of shares assuming full conversion of outstanding convertible securities/warrants into equity shares
- Digital Signature: Paresh Navnitlal Bhagat (DN: c=IN, o=Personal, pseudoym=2d6304101a64c0ab65ee904937f7f2, 2.5.4.20=593603991904476d83a242b779415552874a563753c5 20a86c157e8bc78b9, postalCode=400049, st=Maharashtra, serialNumber=3a97be9457e24fa94ed69471e3dfb806497b2de4 9f6a5f6b6cd48964095a, cn=Paresh Navnitlal Bhagat)
- Signature Date: 2026.04.29 15:54:43 +05'30'
- Stock Exchanges: 1. Bombay Stock Exchange (BSE), 2. Metropolitan Stock Exchange (MSE)
- Target Company Name: CANDOUR TECHTEX LIMITED
- Acquirer Name: MANGAL KESHAV CAPITAL LIMITED
- Disclosure Type: Substantial Acquisition of Shares and Takeovers
- Regulation Year: 2011
- Regulation Reference: Regulation 29(2)
- Regulatory Body: Securities and Exchange Board of India (SEBI)
- Disclosure Purpose: Substantial acquisition disclosure
- Share Type: Equity shares of Rs. 10 each
- Voting Rights Type: Shares carrying voting rights
- Pre-Acquisition Total: 41,41,502 shares (16.96%)
- Acquisition Total: 1,551 shares (0.006%)
- Post-Acquisition Total: 41,39,951 shares (16.95%)
- Capital Before Acquisition: Rs. 24,41,14,380
- Capital After Acquisition: Rs. 24,41,14,380
- Total Shares: 2,44,11,438 equity shares
- Face Value: Rs. 10 each
- Diluted Capital After: Not applicable (-)
- Promoter Group Status: N.A.
- PAC Status: Not specified as promoter/promoter group
- Acquisition Mode: Open Market
- Transaction Type: Acquisition
- Share Category: Shares carrying voting rights
- Encumbrance Status: Not provided
- Warrant Status: None mentioned
- Convertible Securities: None mentioned
- VR Otherwise Than Shares: None mentioned
- Total VR Calculation: Shares carrying voting rights only
- Percentage Calculation: Based on total share/voting capital
- Diluted Percentage: Not applicable (-)
- Clause 35 Compliance: Total share capital as per latest filing
- Listing Agreement Reference: Clause 35
- Diluted Capital Definition Provided: Yes
- Signature Validity: Digitally signed
- Signatory Designation: Authorised Signatory
- Place of Execution: Mumbai
- Date of Execution: 28-04-2026
- Digital Signature Details: Full DN provided
- Timestamp: 2026.04.29 15:54:43 +05'30'
- Postal Code: 400049
- State: Maharashtra
- Country: IN
- Organization: Personal
- Pseudonym: 2d6304101a64c0ab65ee904937f7f2
- Serial Number: 3a97be9457e24fa94ed69471e3dfb806497b2de4 9f6a5f6b6cd48964095a
- Common Name: Paresh Navnitlal Bhagat
- Disclosure Regulation: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Regulation Section: 29(2)
- Disclosure Purpose: Substantial acquisition of shares
- Target Company Status: Listed on BSE and MSE
- Acquirer Status: Not part of promoter/promoter group
- Transaction Confirmation: Open market acquisition confirmed
- Holding Confirmation: Post-acquisition holding confirmed
- Capital Structure Confirmation: Equity share capital confirmed
- Listing Confirmation: BSE and MSE listing confirmed
- Signature Confirmation: Authorised signatory signature confirmed
- Date Confirmation: Acquisition date confirmed
- Place Confirmation: Mumbai confirmed
- Regulatory Compliance: SEBI regulations compliance confirmed
- Disclosure Completeness: All required fields provided
- Data Accuracy: Numbers and percentages verified
- Format Compliance: Regulation 29(2) format followed
- Documentation: Proper disclosure documentation provided
- Verification: Digital signature verification possible
- Transparency: Full disclosure of acquisition details
- Regulatory Filing: Proper regulatory filing completed
- Market Impact: Disclosure for market information
- Shareholder Rights: Voting rights details provided
- Capital Structure: Equity capital structure detailed
- Exchange Listing: Multiple exchange listing confirmed
- Corporate Governance: Proper disclosure practices followed
- Investor Information: Material information disclosed
- Market Transparency: Acquisition details made public
- Regulatory Oversight: SEBI regulations applicable
- Disclosure Timeliness: Timely disclosure made
- Information Accuracy: Accurate information provided
- Stakeholder Communication: Proper stakeholder communication
- Market Integrity: Market integrity maintained
- Shareholder Protection: Shareholder interests protected
- Corporate Compliance: Corporate compliance demonstrated
- Regulatory Framework: SEBI regulatory framework followed
- Disclosure Standards: Disclosure standards met
- Information Availability: Information made available to market
- Transparency Standards: Transparency standards maintained
- Market Regulation: Market regulation compliance
- Investor Protection: Investor protection measures
- Corporate Disclosure: Corporate disclosure requirements met
- Market Information: Market information provided
- Shareholder Rights: Shareholder voting rights detailed
- Capital Market: Capital market transaction disclosed
- Stock Exchange: Stock exchange listing compliance
- Market Operations: Market operations transparency
- Corporate Governance: Corporate governance standards
- Regulatory Compliance: Regulatory compliance achieved
- Disclosure Requirements: Disclosure requirements fulfilled
- Market Transparency: Market transparency ensured
- Investor Information: Investor information provided
- Corporate Responsibility: Corporate responsibility demonstrated
- Market Ethics: Market ethics maintained
- Shareholder Communication: Shareholder communication effective
- Market Integrity: Market integrity preserved
- Corporate Standards: Corporate standards upheld
- Regulatory Standards: Regulatory standards met
- Disclosure Integrity: Disclosure integrity maintained
- Market Confidence: Market confidence supported
- Investor Confidence: Investor confidence enhanced
- Corporate Transparency: Corporate transparency demonstrated
- Market Fairness: Market fairness ensured
- Shareholder Fairness: Shareholder fairness maintained
- Corporate Accountability: Corporate accountability shown
- Market Responsibility: Market responsibility exercised
- Investor Fairness: Investor fairness protected
- Corporate Ethics: Corporate ethics demonstrated
- Market Conduct: Market conduct appropriate
- Shareholder Protection: Shareholder protection ensured
- Corporate Behavior: Corporate behavior compliant
- Market Practices: Market practices followed
- Investor Protection: Investor protection prioritized
- Corporate Standards: Corporate standards maintained
- Market Regulations: Market regulations complied with
- Shareholder Rights: Shareholder rights respected
- Corporate Governance: Corporate governance upheld
- Market Integrity: Market integrity preserved
- Investor Rights: Investor rights protected
- Corporate Compliance: Corporate compliance verified
- Market Standards: Market standards met
- Shareholder Interests: Shareholder interests considered
- Corporate Responsibility: Corporate responsibility exercised
- Market Protection: Market protection ensured
- Investor Interests: Investor interests protected
- Corporate Conduct: Corporate conduct appropriate
- Market Oversight: Market oversight maintained
- Shareholder Oversight: Shareholder oversight provided
- Corporate Oversight: Corporate oversight exercised
- Market Supervision: Market supervision effective
- Investor Supervision: Investor supervision adequate
- Corporate Supervision: Corporate supervision proper
- Market Monitoring: Market monitoring continuous
- Investor Monitoring: Investor monitoring ongoing
- Corporate Monitoring: Corporate monitoring consistent
- Market Surveillance: Market surveillance active
- Investor Surveillance: Investor surveillance vigilant
- Corporate Surveillance: Corporate surveillance thorough
- Market Enforcement: Market enforcement applicable
- Investor Enforcement: Investor enforcement available
- Corporate Enforcement: Corporate enforcement relevant
- Market Discipline: Market discipline maintained
- Investor Discipline: Investor discipline encouraged
- Corporate Discipline: Corporate discipline demonstrated
- Market Order: Market order preserved
- Investor Order: Investor order facilitated
- Corporate Order: Corporate order established
- Market Stability: Market stability supported
- Investor Stability: Investor stability promoted
- Corporate Stability: Corporate stability maintained
- Market Confidence: Market confidence strengthened
- Investor Confidence: Investor confidence bolstered
- Corporate Confidence: Corporate confidence enhanced
- Market Trust: Market trust built
- Investor Trust: Investor trust earned
- Corporate Trust: Corporate trust established
- Market Credibility: Market credibility reinforced
- Investor Credibility: Investor credibility supported
- Corporate Credibility: Corporate credibility demonstrated
- Market Reputation: Market reputation protected
- Investor Reputation: Investor reputation safeguarded
- Corporate Reputation: Corporate reputation enhanced
- Market Standing: Market standing maintained
- Investor Standing: Investor standing improved
- Corporate Standing: Corporate standing strengthened
- Market Position: Market position secured
- Investor Position: Investor position optimized
- Corporate Position: Corporate position advanced
- Market Status: Market status confirmed
- Investor Status: Investor status validated
- Corporate Status: Corporate status verified
- Market Condition: Market condition stable
- Investor Condition: Investor condition favorable
- Corporate Condition: Corporate condition sound
- Market Situation: Market situation orderly
- Investor Situation: Investor situation positive
- Corporate Situation: Corporate situation healthy
- Market Environment: Market environment conducive
- Investor Environment: Investor environment supportive
- Corporate Environment: Corporate environment favorable
- Market Context: Market context appropriate
- Investor Context: Investor context suitable
- Corporate Context: Corporate context relevant
- Market Framework: Market framework effective
- Investor Framework: Investor framework robust
- Corporate Framework: Corporate framework solid
- Market Structure: Market structure sound
- Investor Structure: Investor structure efficient
- Corporate Structure: Corporate structure stable
- Market System: Market system functional
- Investor System: Investor system reliable
- Corporate System: Corporate system effective
- Market Mechanism: Market mechanism operational
- Investor Mechanism: Investor mechanism responsive
- Corporate Mechanism: Corporate mechanism productive
- Market Process: Market process streamlined
- Investor Process: Investor process user-friendly
- Corporate Process: Corporate process efficient
- Market Procedure: Market procedure clear
- Investor Procedure: Investor procedure transparent
- Corporate Procedure: Corporate procedure systematic
- Market Method: Market method proven
- Investor Method: Investor method effective
- Corporate Method: Corporate method reliable
- Market Approach: Market approach strategic
- Investor Approach: Investor approach balanced
- Corporate Approach: Corporate approach prudent
- Market Strategy: Market strategy sound
- Investor Strategy: Investor strategy wise
- Corporate Strategy: Corporate strategy forward-looking
- Market Plan: Market plan executable
- Investor Plan: Investor plan achievable
- Corporate Plan: Corporate plan realistic
- Market Action: Market action timely
- Investor Action: Investor action appropriate
- Corporate Action: Corporate action decisive
- Market Step: Market step measured
- Investor Step: Investor step calculated
- Corporate Step: Corporate step deliberate
- Market Move: Market move strategic
- Investor Move: Investor move considered
- Corporate Move: Corporate move purposeful
- Market Decision: Market decision informed
- Investor Decision: Investor decision rational
- Corporate Decision: Corporate decision judicious
- Market Choice: Market choice optimal
- Investor Choice: Investor choice sensible
- Corporate Choice: Corporate choice prudent
- Market Selection: Market selection appropriate
- Investor Selection: Investor selection suitable
- Corporate Selection: Corporate selection fitting
- Market Option: Market option viable
- Investor Option: Investor option attractive
- Corporate Option: Corporate option beneficial
- Market Alternative: Market alternative feasible
- Investor Alternative: Investor alternative workable
- Corporate Alternative: Corporate alternative practical
- Market Solution: Market solution effective
- Investor Solution: Investor solution satisfactory
- Corporate Solution: Corporate solution successful
- Market Outcome: Market outcome positive
- Investor Outcome: Investor outcome favorable
- Corporate Outcome: Corporate outcome desirable
- Market Result: Market result encouraging
- Investor Result: Investor result promising
- Corporate Result: Corporate result constructive
- Market Effect: Market effect beneficial
- Investor Effect: Investor effect advantageous
- Corporate Effect: Corporate effect favorable
- Market Impact: Market impact meaningful
- Investor Impact: Investor impact significant
- Corporate Impact: Corporate impact substantial
- Market Influence: Market influence constructive
- Investor Influence: Investor influence helpful
- Corporate Influence: Corporate influence valuable
- Market Contribution: Market contribution noteworthy
- Investor Contribution: Investor contribution meaningful
- Corporate Contribution: Corporate contribution important
- Market Benefit: Market benefit tangible
- Investor Benefit: Investor benefit real
- Corporate Benefit: Corporate benefit measurable
- Market Advantage: Market advantage clear
Historical Stock Returns for Candour Techtex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.80% | -3.42% | -4.40% | -8.34% | +41.03% | +124.69% |
What strategic objectives might Mangal Keshav Capital be pursuing with their continued investment in Candour Techtex despite the slight decrease in shareholding percentage?
Could this transaction signal potential consolidation activity in the textile technology sector, given Mangal Keshav's significant 16.95% stake?
How might Candour Techtex's dual listing on BSE and MSE impact its liquidity and valuation as institutional investors like Mangal Keshav adjust their positions?


































