Mangalam Industrial Finance Limited has received a formal regulatory disclosure from its promoter regarding the creation of a share pledge under SEBI Takeover Regulations. The latest development involves promoter Yatin Sanjay Gupte pledging equity shares as collateral for a credit facility, with the official disclosure submitted on April 7, 2026.

Share Pledge Transaction Details

Promoter Yatin Sanjay Gupte has created a pledge of 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 under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Holdings Structure

Following the pledge creation, Gupte's total shareholding stands at 85,272,898 shares, representing 5.98% of the company's total share capital. The pledged shares serve as collateral security for a credit facility obtained by the target company from M/S Radhamani Limited. After this transaction, Gupte's total encumbered shares amount to 6,74,56,105 shares, representing 4.73% of the total share capital.

Official Regulatory Documentation

The disclosure was formally submitted through official documentation signed by Company Secretary Samoil Akilbhai Lokhandwala on April 7, 2026. The comprehensive regulatory filing includes detailed shareholding patterns and compliance with SEBI takeover regulations. According to the official note, the target company secured the credit facility from M/S Radhamani Limited, and the promoter pledged shares as collateral for such credit facility.

Company Share Capital Structure

According to the regulatory disclosure, Mangalam Industrial Finance Limited maintains its equity share capital structure with shares listed on BSE Limited. The company's total equity share capital stands at ₹142.51 crore divided into 1,42,51,29,928 equity shares of Re. 1 each. The promoter group includes Yatin Sanjay Gupte and his Person Acting in Concert (PAC), Wardwizard Solutions India Private Limited.

Mangalam Industrial Finance has received a regulatory disclosure under SEBI regulations regarding a significant share sale by promoter group entity DY Captive Projects LLP. The entity sold 17,09,150 equity shares through open market transactions across three dates in April 2026, further reducing its shareholding position in the company.

Official Regulatory Filing Details

DY Captive Projects LLP, through its Designated Partner Kameshwar Singh, disclosed the share sale transaction to both BSE Limited and the company's board of directors on April 7, 2026. The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Timeline

The share sale was executed across three separate trading sessions, demonstrating a systematic approach to the divestment process.

Updated Shareholding Position

Following this transaction, DY Captive Projects LLP's stake in Mangalam Industrial Finance has been reduced from 6.14% to 6.02%. The detailed shareholding changes are outlined in the regulatory filing submitted to BSE Limited.

Entity and Compliance Details

The selling entity DY Captive Projects LLP (LLPIN: AAO-5357) is identified as belonging to the promoter/promoter group of Mangalam Industrial Finance Limited. The transaction was executed through open market sale on BSE Limited, where the company's shares are listed under scrip code 537800.

Key Transaction Participants:

• Selling Entity: DY Captive Projects LLP
• Designated Partner: Kameshwar Singh (DPIN: 08575577)
• Target Company: Mangalam Industrial Finance Limited (CIN: L65993WB1983PLC035815)
• Registered Office: Old Nimta Road, Nandan Nagar, Belghoria Kolkata, West Bengal 700 083

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. All regulatory disclosures have been filed with BSE Limited and the company's board of directors as per SEBI requirements.