Mangalam Cement Ltd has announced the successful commissioning of additional grinding capacity at its Aligarh manufacturing facility, marking a significant expansion in the company's production capabilities.

Capacity Enhancement Details

The company has commissioned additional new grinding capacity of 1.20 mtpa at its Aligarh unit located in Uttar Pradesh. This expansion represents a substantial increase in the facility's operational capacity and strengthens the company's manufacturing footprint in the region.

Updated Production Capacity

With this commissioning, the total cement grinding capacity of the Aligarh unit now stands at 1.95 mtpa. The expansion significantly enhances the unit's contribution to the company's overall production capabilities and positions it as a key manufacturing hub for the organization.

Consequent to this development, Mangalam Cement's total grey cement manufacturing capacity has increased to 5.60 mtpa, reflecting the company's continued focus on expanding its production infrastructure.

Strategic Benefits

The company highlighted that this capacity addition will enhance its ability to service markets more efficiently. The expansion is expected to contribute to improved market reach and logistics optimization, enabling better distribution and customer service across the company's operational territories.

The commissioning was announced through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparent communication with stakeholders regarding significant operational developments.

Multiple entities within the promoter group of Mangalam Cement Ltd have completed inter-se transfers totaling approximately 10 lakh equity shares, representing a significant restructuring of shareholding patterns within the group. The transactions were executed on March 24, 2026, with regulatory disclosures filed under SEBI SAST regulations.

Transaction Overview

The inter-se transfers involved three acquiring entities and two transferring entities within the promoter group structure. All transactions were completed at prices ranging from Rs. 812.50 to Rs. 818.00 per share, with disclosures filed on March 26, 2026.

Shareholding Changes

Aditya Birla Real Estate Limited served as the primary transferor, reducing its stake from 23,77,711 shares (8.65%) to 13,97,711 shares (5.08%). The company transferred 9,80,000 shares to Rambara Trading Private Limited and AVA Trading and Consulting Private Limited. Pilani Investment and Industries Corporation Limited completed the divestment of its entire holding, selling all 20,000 shares to Mignonette Creations Private Limited.

Regulatory Compliance

All transactions were conducted under Regulation 10(1)(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which provides exemption from open offer requirements for inter-se transfers among promoter groups. The acquiring entities had filed prior disclosures under Regulation 10(5) on March 17, 2026, with the actual transfers completed after the mandatory four working days. Pilani Investment filed its disclosure under Regulation 29(2) of SEBI Takeover Regulations on March 26, 2026.

Company Structure

Mangalam Cement Ltd maintains its equity base of Rs. 27,49,72,980, comprising 2,74,97,298 equity shares of Rs. 10 each. The company's shares continue to be listed on both the National Stock Exchange of India Ltd and BSE Ltd.

The transactions represent a strategic realignment within the promoter group structure, with most entities maintaining their promoter status while optimizing their respective shareholding positions in the cement manufacturer. Pilani Investment's complete exit marks a significant change in the promoter group composition.