Mangalam Cement Promoter Vaishnaviajan Increases Stake Through Inter-Se Transfer

Mangalam cement has disclosed a substantial acquisition by promoter Vaishnaviajan through an inter-se transfer among promoters. The transaction, completed on December 17, 2025, involved the acquisition of 5,508 equity shares through a gift transfer mechanism.

Transaction Details

The acquisition represents a strategic consolidation within the promoter group. The following table summarizes the key transaction parameters:

Parameter:	Details
Acquirer:	Vaishnaviajan (Promoter/Promoter Group)
Shares Acquired:	5,508 equity shares
Transaction Type:	Inter-se Transfer (Off-Market)
Transaction Date:	December 17, 2025
Method:	Gift among Promoters

Shareholding Changes

The transaction has resulted in a marginal increase in Vaishnaviajan's shareholding in the company. The promoter's stake has grown from 0.18% to 0.20% of the total share capital.

Holding Period:	Number of Shares	Percentage of Total Capital
Before Acquisition:	50,000 shares	0.18%
Shares Acquired:	5,508 shares	0.02%
After Acquisition:	55,508 shares	0.20%

Company Share Capital Structure

The company's equity share capital structure remains unchanged following this inter-se transfer. Mangalam Cement Ltd maintains its total equity share capital at 2,74,97,298 equity shares of ₹10 each both before and after the transaction.

Regulatory Compliance

The disclosure has been made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was reported to both NSE and BSE, where the company's shares are listed. Anshuman Vikram Jalan, acting as constituent attorney for Vaishnaviajan, signed the disclosure documents on December 18, 2025.

Market Impact

This inter-se transfer represents an internal reorganization within the promoter group rather than a change in overall promoter holding. Such transactions typically indicate promoter confidence and internal strategic planning within the promoter group structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.02%	+2.81%	+7.80%	+6.62%	-16.39%	+269.98%

Mangalam Cement has disclosed a shareholding change within its promoter group, with Avayaan Vikram Jalan acquiring additional equity shares through an inter-se transfer mechanism. The transaction, completed on December 15, 2025, represents a routine internal restructuring among promoter group members.

Transaction Details

The acquisition involved 5,509 equity shares of Mangalam Cement Ltd, transferred as a gift through inter-se transfer among promoters. This transaction increased Jalan's total shareholding in the company from the previous holding of 21,000 shares.

Parameter:	Details
Shares Acquired:	5,509 equity shares
Transaction Date:	December 15, 2025
Transfer Method:	Gift (Inter-se Transfer)
Acquirer:	Avayaan Vikram Jalan
Promoter Group Status:	Yes

Shareholding Changes

The transaction resulted in a marginal increase in Jalan's percentage holding in the company. The shareholding pattern before and after the acquisition shows the following changes:

Holding Period:	Number of Shares	Percentage of Total Capital	Percentage of Diluted Capital
Before Acquisition:	21,000	0.08%	0.08%
After Acquisition:	26,509	0.10%	0.10%
Net Change:	+5,509	+0.02%	+0.02%

Company Capital Structure

Mangalam Cement Ltd's total equity share capital stands at 2,74,97,298 equity shares of ₹10.00 each. The recent acquisition represents a small fraction of the company's overall equity base, reflecting the internal nature of the transaction among promoter group members.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was reported to both the National Stock Exchange of India Ltd and BSE Ltd, where the company's shares are listed. The disclosure confirms that no encumbrances, voting rights other than shares, or convertible securities were involved in this transaction.