Mangalam Organics Promoters Hold 50.2 Lakh Shares in FY26

1 min read     Updated on 21 May 2026, 07:30 AM
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Anirudha BScanX News Team
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Mangalam Organics Limited filed its annual disclosure for FY26, stating the Promoter and Promoter Group hold 50,22,926 equity shares. The company confirmed no encumbrances were made on these shares during the financial year ended March 31, 2026.

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Mangalam Organics Limited has submitted its yearly disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The filing was made to the BSE Limited and the National Stock Exchange of India Limited on April 02, 2026.

The disclosure confirms the shareholding status of the Promoter and Promoter Group within the company. As per the declaration, the group collectively holds 50,22,926 equity shares as on March 31, 2026. The document further verifies that there were no encumbrances made on these shares, either directly or indirectly, throughout the financial year.

Promoter Group Details

The declaration was submitted on behalf of the Promoter and Promoter Group by Kamalkumar Ramgopal Dujodwala. The list of individuals comprising the promoter group includes several key family members and entities acting in concert.

Sr. No. Name of the Person along with Person acting in concert (PAC)
1. Manisha Pankaj Dujodwala
2. Akshay Dujodwala
3. Alka Dujodwala
4. Kamalkumar Ramgopal Dujodwala
5. Pankaj Dujodwala
6. Pannkaj Dujodwala
7. Vasudha Dujodwala
8. Ramgopal Kamalkumar Dujodwala

The filing was signed by Charmi Shah, Company Secretary & Compliance Officer of Mangalam Organics Limited . The exchanges have been requested to take the disclosure on record.

Historical Stock Returns for Mangalam Organics

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%-1.70%+24.78%+27.24%-6.63%-36.10%

Will the Dujodwala promoter group look to increase their ~50.22 lakh share stake through open market purchases or preferential allotments in the near term?

How might Mangalam Organics' promoter holding concentration impact its eligibility for index inclusion or institutional investor interest going forward?

Could the clean encumbrance record strengthen the company's ability to raise debt or secure credit facilities for future expansion plans?

Mangalam Organics Receives CRISIL Rating Reaffirmation on Rs.397 Crore Bank Facilities

2 min read     Updated on 14 Apr 2026, 01:57 PM
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Mangalam Organics Limited received rating reaffirmation from CRISIL on bank facilities worth Rs.397 crore. The agency maintained BBB+/A2 ratings with Watch Developing status, continuing 'Rating Watch with Developing Implications'. Facilities are distributed across YES Bank, HDFC Bank, Axis Bank, and Saraswat Co-Operative Bank, including cash credit, letters of credit, and term loans.

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Mangalam Organics Limited has announced that CRISIL Ratings Limited has reviewed and reaffirmed the credit ratings on the company's bank facilities aggregating to Rs.397 crore. The rating agency maintained both the long-term and short-term ratings with no changes, continuing the existing 'Rating Watch with Developing Implications' status.

Rating Details and Status

CRISIL has reaffirmed the company's credit ratings with the following specifications:

Rating Type: Current Rating Previous Rating Status
Long-Term: CRISIL BBB+ / Watch Developing CRISIL BBB+ / Watch Developing Reaffirmed
Short-Term: CRISIL A2 / Watch Developing CRISIL A2 / Watch Developing Reaffirmed

The ratings continue under 'Rating Watch with Developing Implications', indicating that CRISIL is monitoring developments that could potentially impact the ratings in either direction. The total bank loan facilities rated amount to Rs.397 crore, covering various types of banking arrangements across multiple financial institutions.

Bank Facility Distribution

The company's rated bank facilities are distributed across several leading banks with different facility types:

Facility Type: Bank Amount (Rs. Crore) Rating
Cash Credit: Axis Bank Limited 90.00 CRISIL BBB+/Watch Developing
Cash Credit: The Saraswat Co-Operative Bank 37.00 CRISIL BBB+/Watch Developing
Letter of Credit: HDFC Bank Limited 65.00 CRISIL A2/Watch Developing
Proposed Long Term Facility: -- 88.00 CRISIL BBB+/Watch Developing
Letter of Credit: Axis Bank Limited 35.00 CRISIL A2/Watch Developing

The facility mix includes cash credit arrangements totaling Rs.169.50 crore, letters of credit worth Rs.100.00 crore, term loans of Rs.39.50 crore, and a proposed long-term bank loan facility of Rs.88.00 crore.

Regulatory Compliance and Disclosure

The rating reaffirmation was communicated to both BSE Limited and The National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure follows the company's previous communication dated October 17, 2025, maintaining transparency with stakeholders regarding credit rating developments.

Rating Validity and Surveillance

CRISIL Ratings maintains continuous surveillance over all assigned ratings and reserves the right to revise ratings based on new information or changing circumstances. The current rating letter remains valid until March 31, 2027. The rating agency has specified that if the company does not avail the proposed facilities within 180 days from April 14, 2026, a fresh revalidation letter will be required.

The rating reflects CRISIL's current assessment of the likelihood of timely payment obligations under the rated instruments. Complete rating information and updates are available on CRISIL's website, and the company has also made this information accessible on its corporate website at www.mangalamorganics.com .

Historical Stock Returns for Mangalam Organics

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%-1.70%+24.78%+27.24%-6.63%-36.10%

What specific business developments or financial metrics is CRISIL monitoring that could trigger a rating upgrade or downgrade from the current 'Watch Developing' status?

How might the company's ability to secure the proposed Rs.88 crore long-term facility by April 2026 impact its expansion plans and operational capacity?

What are the potential implications for Mangalam Organics' borrowing costs and banking relationships if CRISIL decides to revise the ratings before March 2027?

More News on Mangalam Organics

1 Year Returns:-6.63%