Anshuman Vikram Jalan Reduces Stake in Mangalam Cement Through Inter-Se Transfer

Mangalam Cement promoter Anshuman Vikram Jalan has disclosed a shareholding change through an inter-se transfer transaction completed on December 15, 2025. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The transaction involved the disposal of equity shares carrying voting rights through an off-market inter-se transfer mechanism. Jalan disposed of shares as a gift transfer among promoters, which is a common practice for internal shareholding restructuring within promoter groups.

Parameter:	Details
Transaction Date:	December 15, 2025
Mode of Transfer:	Inter-se Transfer (Off-Market)
Nature:	Gift Transfer Among Promoters
Shares Disposed:	5,509 equity shares

Shareholding Changes

The transaction resulted in a marginal reduction in Jalan's shareholding percentage in the cement company. His holding decreased from 1.08% to 1.06% of the total share capital.

Shareholding Position:	Before Transaction	After Transaction	Change
Number of Shares:	2,96,253	2,90,744	-5,509
Percentage Holding:	1.08%	1.06%	-0.02%
Voting Rights:	1.08%	1.06%	-0.02%

Company Share Capital

Mangalam Cement's equity share capital structure remained unchanged following this promoter transaction. The company maintains its total issued and paid-up capital without any dilution or expansion.

Share Capital Details:	Specification
Total Equity Shares:	2,74,97,298
Face Value per Share:	₹10.00
Listing Exchanges:	NSE and BSE

Regulatory Compliance

The disclosure was filed with both the National Stock Exchange of India Limited and BSE Limited on December 16, 2025. As a promoter group member, Jalan is required to disclose any changes in shareholding that cross specified thresholds under SEBI regulations. The transaction maintains transparency in promoter shareholding patterns and ensures compliance with market disclosure requirements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.53%	+1.23%	+1.57%	-1.81%	-19.99%	+235.16%

Mangalam Cement Limited, a prominent player in the Indian cement industry, has taken a significant step towards enhancing its global procurement capabilities. The company's Board of Directors has approved the establishment of a branch office in Dubai, United Arab Emirates, primarily focused on purchasing key raw materials such as Pet Coke and Coal.

Strategic Decision for Raw Material Procurement

The decision to open a branch office in Dubai was made during a board meeting held on November 8, 2025. This move is expected to streamline Mangalam Cement's access to critical raw materials, potentially optimizing its supply chain and cost structure.

Board Meeting Highlights

The board meeting, which commenced at 12:15 PM (IST) and concluded at 2:40 PM (IST), covered several important agenda items:

Approval of the Dubai branch office proposal
Review and approval of the unaudited financial results for the quarter and half-year ended September 30, 2025

Financial Performance Overview

While the primary focus of the announcement was the new Dubai office, the board meeting also included a review of the company's recent financial performance. Here's a snapshot of Mangalam Cement's financial results for the quarter ended September 30, 2025:

Particulars (Rs. in Lakhs)	Q2 FY2026	Q1 FY2026	Q2 FY2025
Revenue from Operations	39,487.57	45,174.26	35,913.90
Total Income	40,462.63	46,236.61	36,935.78
Profit Before Tax	1,643.84	4,914.31	364.13
Net Profit for the Period	2,010.53	3,225.93	328.07

The company's performance shows a year-on-year improvement, with a significant increase in net profit compared to the same quarter in the previous fiscal year.

Implications of the Dubai Office

The establishment of a branch office in Dubai is a strategic move that may offer several advantages to Mangalam Cement:

Direct Access to Global Markets: Dubai's strategic location provides easier access to international markets for raw materials.
Potential Cost Optimization: Direct procurement may lead to better pricing and terms for essential materials like Pet Coke and Coal.
Supply Chain Efficiency: A dedicated office for procurement may streamline the supply chain process, potentially reducing lead times and improving inventory management.

Looking Ahead

This expansion into Dubai signals Mangalam Cement's proactive approach to managing its raw material needs in an increasingly global market. As the company moves forward with this initiative, stakeholders will be keen to observe how this strategic decision impacts the company's operational efficiency and financial performance in the coming quarters.

Mangalam Cement Limited has informed the National Stock Exchange of India (NSE) and BSE Limited about this development, in compliance with regulatory requirements. The company continues to focus on strengthening its position in the cement industry through strategic initiatives and operational improvements.