Mangalam Industrial Finance has received a comprehensive disclosure from Ward Wizard Solutions India Private Limited regarding the creation of a pledge on 1,50,00,000 equity shares. The pledge was created in favor of Blacksoil Capital Private Limited on April 7, 2026, as per the regulatory filing submitted on April 9, 2026, under SEBI takeover regulations.

Pledge Creation Details

The pledged shares represent 1.05% of the total share capital of Mangalam Industrial Finance Limited. Ward Wizard Solutions India Private Limited, acting as a promoter entity along with Person Acting in Concert (PAC) Mr. Yatin Sanjay Gupte, disclosed this transaction under Regulation 31(2) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Agreement and Regulatory Framework

The pledge creation stems from an agreement dated March 27, 2026, executed between the parties. According to the disclosure, the pledge serves as collateral for financial assistance availed to a group company. The 1,50,00,000 equity shares held by Ward Wizard Solutions in Mangalam Industrial Finance have been pledged to secure the borrower's financial obligations.

Current Shareholding Structure

Following the pledge creation, the combined shareholding pattern shows Ward Wizard Solutions India Private Limited maintaining its voting rights while increasing its encumbered shares. The disclosure reveals the complete promoter shareholding structure in Mangalam Industrial Finance Limited.

Company and Regulatory Information

The disclosure was signed by Sanjay Mahadev Gupte, Director of Ward Wizard Solutions India Private Limited (DIN: 08286993), and submitted to BSE Limited and the Board of Directors of Mangalam Industrial Finance Limited. Ward Wizard Solutions India Private Limited operates under CIN: U74900GJ2016PTC086439 with its registered office in Vadodara, Gujarat. The company's shares are listed on BSE Limited under scrip code 537800, with a total equity capital of Rs. 1,42,51,29,928 comprising 1,42,51,29,928 equity shares of Re. 1 face value each.

Mangalam Industrial Finance Limited has disclosed a substantial share sale by promoter group entity DY Captive Projects LLP under SEBI regulations. The transaction involved the sale of 17,09,150 equity shares through on-market operations conducted between April 1-6, 2026.

Transaction Details

The share sale was executed in three separate tranches across different trading sessions:

The largest single transaction occurred on April 1, 2026, accounting for approximately 65% of the total shares sold during this period.

Shareholding Impact

The sale has resulted in a reduction of DY Captive Projects LLP's stake in Mangalam Industrial Finance Limited:

DY Captive Projects LLP continues to maintain its status as a promoter group entity despite the reduction in shareholding percentage.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. DY Captive Projects LLP informed the company about the transactions on April 7, 2026, one day after the final sale transaction.

Kameshwar Singh, serving as the Designated Partner of DY Captive Projects LLP with DPIN 08575577, signed the regulatory disclosure documents. The company's shares are listed on BSE Limited under scrip code 537800.

Company Structure

Mangalam Industrial Finance Limited maintains an equity share capital of Rs. 1,42,51,29,928 divided into 1,42,51,29,928 equity shares of Re. 1 each. The company's registered office is located in Kolkata, West Bengal, while its corporate office operates from Vadodara, Gujarat.

The disclosure documentation was signed by Samoil Akilbhai Lokhandwala, Company Secretary and Compliance Officer of Mangalam Industrial Finance Limited, confirming the receipt and processing of the regulatory filing.