Rambara Trading Increases Stake in Mangalam Cement to 14.39% Through Inter-se Transfer

Rambara Trading Private Limited has acquired additional shares in Mangalam Cement Ltd through an inter-se transfer, increasing its stake in the cement manufacturer. The transaction was disclosed to stock exchanges under SEBI regulations governing substantial share acquisitions.

Share Acquisition Details

The acquisition involved 4,80,000 shares of Mangalam Cement Ltd, representing 1.75% of the company's total share capital. This inter-se transfer among promoter group entities was completed on March 24, 2026.

Parameter:	Details
Shares Acquired:	4,80,000
Acquisition Percentage:	1.75%
Mode of Transfer:	Inter-se Transfer
Transaction Date:	March 24, 2026

Shareholding Changes

Following the transaction, Rambara Trading's shareholding in Mangalam Cement has increased significantly. The company's stake has grown from 12.64% to 14.39% of the total voting capital.

Shareholding Position:	Before Acquisition	After Acquisition	Change
Number of Shares:	34,75,736	39,55,736	+4,80,000
Percentage Holding:	12.64%	14.39%	+1.75%
Voting Rights:	12.64%	14.39%	+1.75%

Company Structure

Mangalam Cement Ltd maintains its equity structure with no changes to the total share capital following this inter-se transfer. The company's shares are listed on both major Indian stock exchanges.

Company Details:	Information
Total Equity Shares:	2,74,97,298
Face Value per Share:	Rs. 10
Stock Exchanges:	NSE and BSE
Target Company:	Mangalam Cement Ltd

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rambara Trading Private Limited, being part of the promoter group, filed the necessary documentation with both NSE and BSE on March 25, 2026. The transaction represents a strategic consolidation within the promoter group structure of Mangalam Cement Ltd.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.84%	-4.95%	-14.95%	+5.97%	+0.82%	+188.59%

Mangalam Cement Ltd has announced that CARE Ratings Limited has reaffirmed credit ratings for the company's bank facilities and instruments worth Rs. 1,163.41 crore. The rating reaffirmation was communicated to stock exchanges on March 18, 2026, in compliance with SEBI regulations.

Credit Rating Details

CARE Ratings maintained stable ratings across all facility categories, demonstrating confidence in the company's creditworthiness. The rating agency reaffirmed its assessment without any downgrades or negative outlook changes.

Facilities/Instruments	Amount (Rs. Crore)	Rating	Rating Action
Long Term Bank Facilities	478.41 (Reduced from 567.35)	CARE A+; Stable	Reaffirmed
Long/Short Term Bank Facilities	535.00 (Enhanced from 410.00)	CARE A+; Stable / CARE A1+	Reaffirmed
Short Term Bank Facilities	75.00	CARE A1+	Reaffirmed
Commercial Paper	75.00	CARE A1+	Reaffirmed

Facility Amount Changes

The rating reaffirmation came with notable changes in facility amounts. Long-term bank facilities saw a reduction from Rs. 567.35 crore to Rs. 478.41 crore, representing a decrease of Rs. 88.94 crore. Conversely, the long/short-term bank facilities were enhanced from Rs. 410.00 crore to Rs. 535.00 crore, marking an increase of Rs. 125.00 crore.

Rating Significance

The CARE A+ rating indicates high degree of safety regarding timely servicing of financial obligations, with very low credit risk. The stable outlook suggests that the rating is unlikely to change in the near term. For short-term instruments, the CARE A1+ rating represents the highest degree of safety regarding timely payment of financial obligations.

Regulatory Compliance

The company fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Pawan Kumar Thakur signed the regulatory filing, ensuring transparency with stakeholders and maintaining compliance with listing requirements.