Mangalam Industrial Finance Limited has received formal disclosure from its promoter regarding the creation of share pledge under SEBI regulations. The company's promoter, Wardwizard Solutions India Private Limited, has pledged 9,00,00,000 equity shares as collateral for financial assistance.

Regulatory Filing Details

The disclosure was submitted to BSE Limited on March 12, 2026, by Sanjay Mahadev Gupta, Director of Wardwizard Solutions India Private Limited (DIN: 08286993). The filing was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Pledge Transaction

Wardwizard Solutions India Private Limited has created a pledge of 9,00,00,000 equity shares in favor of DY Captive Projects LLP. The pledge was executed on March 10, 2026, representing 6.32% of the company's total share capital.

Holdings Structure Analysis

The regulatory filing reveals the complete shareholding pattern before and after the pledge creation. Wardwizard Solutions India Private Limited maintains its voting rights while creating the encumbrance.

Company Capital Structure

Mangalam Industrial Finance Limited's equity share capital remains unchanged following the pledge creation. The company's total share capital stands at ₹1,42,51,29,928 divided into 1,42,51,29,928 equity shares of ₹1 each.

The pledge arrangement serves as collateral security for financial assistance availed by the borrower against the securities, while the promoter's actual shareholding percentage in Mangalam Industrial Finance Limited remains unchanged at 7.40%.

Wardwizard Solutions India Private Limited has disclosed the sale of 39,61,817 equity shares in Mangalam Industrial Finance Limited on February 27, 2026. The transaction was conducted through open market sale and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Official Regulatory Disclosure

The disclosure was formally communicated to BSE Limited on March 5, 2026, by Mangalam Industrial Finance Limited's Managing Director Venkata Ramana Revuru. The company filed the required documentation including Annexure-2 format as mandated by SEBI regulations for substantial shareholding changes.

Shareholding Pattern Changes

The transaction resulted in a reduction of Wardwizard Solutions' stake in Mangalam Industrial Finance Limited. The detailed shareholding pattern shows the impact on both individual and combined holdings with Person Acting in Concert Mr. Yatin Sanjay Gupte.

Company Structure and Compliance

Mangalam Industrial Finance Limited is listed on BSE Limited with scrip code 537800. The company's equity share capital remains unchanged at Rs. 96,16,43,500 divided into 96,16,43,500 equity shares of Re. 1 each. The disclosure was signed by Director Yatin Sanjay Gupte (DIN: 07261150) on behalf of Wardwizard Solutions.

Regulatory Framework

The disclosure fulfills the requirements under SEBI regulations for substantial acquisition and takeover norms. Wardwizard Solutions, along with Person Acting in Concert Mr. Yatin Sanjay Gupte, belongs to the promoter group of the target company. The transaction maintains compliance with regulatory disclosure requirements for shareholding changes, with formal documentation submitted to both BSE Limited and the company's board of directors.