DY Captive Projects LLP Reduces Stake in Mangalam Industrial Finance by 3.32 Lakh Shares

1 min read     Updated on 02 Apr 2026, 07:00 AM
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DY Captive Projects LLP has further reduced its shareholding in Mangalam Industrial Finance Limited by selling 3,32,349 equity shares through open market transactions on March 27, 2026. This latest divestment reduced the promoter group entity's stake from 6.16% to 6.14%, representing a 0.02% reduction in shareholding.

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Mangalam Industrial Finance has received another disclosure under SEBI regulations regarding the sale of equity shares by promoter group entity DY Captive Projects LLP. The entity has sold 3,32,349 equity shares through open market transactions on March 27, 2026, further reducing its shareholding position in the company.

Latest Share Sale Transaction

DY Captive Projects LLP, through its Designated Partner Kameshwar Singh, disclosed the latest share sale transaction to both BSE Limited and the company's board of directors on April 1, 2026. This represents the entity's continued divestment in Mangalam Industrial Finance Limited.

Parameter: Details
Transaction Date: March 27, 2026
Shares Sold: 3,32,349
Transaction Mode: Open Market Sale
Stock Exchange: BSE Limited

Updated Shareholding Position

Following this latest transaction, DY Captive Projects LLP's stake in Mangalam Industrial Finance has been further reduced. The entity's shareholding position changed as detailed in the regulatory filing.

Position: Number of Shares Percentage Holding
Before Latest Sale: 87,783,679 6.16%
After Latest Sale: 87,451,330 6.14%
Shares Sold: 3,32,349 0.02%

Regulatory Compliance Details

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. DY Captive Projects LLP continues to be identified as belonging to the promoter/promoter group of Mangalam Industrial Finance Limited.

Transaction Specifics:

  • Selling Entity: DY Captive Projects LLP (LLPIN: AAO-5357)
  • Designated Partner: Kameshwar Singh (DPIN: 08575577)
  • Filing Date: April 1, 2026
  • Company Scrip Code: 537800

Company Capital Structure

Mangalam Industrial Finance Limited's equity share capital remains unchanged at Rs. 1,42,51,29,928, divided into 1,42,51,29,928 equity shares of Re. 1 each. The total diluted share capital also stands at the same figure, with no outstanding convertible instruments reported.

The company's shares continue to be listed on BSE Limited, and all regulatory disclosures have been filed with the stock exchange and company's board of directors as per SEBI requirements.

Historical Stock Returns for Mangalam Industrial Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.30%-3.70%-18.75%-55.68%-47.30%+5.41%

What strategic factors might be driving DY Captive Projects LLP's continued divestment pattern in Mangalam Industrial Finance?

How could this ongoing promoter group stake reduction impact investor confidence and the company's stock price trajectory?

Will Mangalam Industrial Finance need to adjust its capital raising strategy given the reduced promoter commitment?

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Mangalam Industrial Finance Promoter Creates Pledge on 6.74 Crore Shares

1 min read     Updated on 01 Apr 2026, 11:32 PM
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Mangalam Industrial Finance Limited received a regulatory disclosure regarding promoter Yatin Sanjay Gupte's pledge of 6,74,56,105 equity shares to Blacksoil Capital Private Limited. The pledge represents 4.73% of total share capital and serves as collateral for a credit facility secured from Radhamani Limited, with full compliance under SEBI takeover regulations.

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Mangalam Industrial Finance Limited has received a formal disclosure from its promoter regarding the creation of a significant share pledge under SEBI regulations. The development involves a substantial portion of the promoter's shareholding being pledged as collateral for financial arrangements with group companies.

Share Pledge Details

Promoter Yatin Sanjay Gupte has pledged 6,74,56,105 equity shares to Blacksoil Capital Private Limited, representing 4.73% of the company's total share capital. The pledge was formally created on March 30, 2026, with the regulatory disclosure submitted on April 1, 2026.

Parameter: Details
Pledged Shares: 6,74,56,105 equity shares
Percentage of Total Capital: 4.73%
Pledge Creation Date: March 30, 2026
Beneficiary: Blacksoil Capital Private Limited
Purpose: Collateral for credit facility

Promoter Holdings Structure

The regulatory disclosure reveals the current shareholding pattern of promoters in Mangalam Industrial Finance Limited. Gupte's total holding stands at 8,52,72,898 shares, representing 5.98% of the total share capital, while his Person Acting in Concert (PAC), Wardwizard Solutions India Private Limited, holds 1,55,20,496 shares.

Holdings Category: Yatin Sanjay Gupte Wardwizard Solutions (PAC)
Voting Rights Shares: 8,52,72,898 (5.98%) 1,55,20,496 (1.08%)
Encumbered Shares: 6,74,56,105 (4.73%) Nil
Total Holdings: 10,07,93,394 (7.06%) 1,55,20,496 (1.08%)

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal communication was digitally signed and submitted to BSE Limited and the company's board of directors, ensuring full compliance with regulatory requirements.

Transaction Background

According to the disclosure documentation, the pledge serves as collateral security for a credit facility secured by the target company from Radhamani Limited. The arrangement involves the promoter pledging shares to support the company's financial requirements, with the encumbered shares to be released upon loan repayment. The company's equity share capital remains unchanged at ₹142.51 crore, divided into 1,42,51,29,928 equity shares of ₹1 each.

Historical Stock Returns for Mangalam Industrial Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.30%-3.70%-18.75%-55.68%-47.30%+5.41%

How might this share pledge affect Mangalam Industrial Finance's credit rating and borrowing costs in future debt arrangements?

What potential impact could this pledging arrangement have on the promoter's ability to participate in future equity fundraising or rights issues?

Will this credit facility arrangement influence Mangalam Industrial Finance's expansion plans or capital allocation strategy over the next 12-18 months?

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1 Year Returns:-47.30%