Mangalam Cement Limited — Others, 25-06-2025: Disclosure under SEBI Takeover Regulations

Mangalam Cement has announced a board meeting on which Vidula Consultancy Services Limited and Rambara Trading Private Limited, both promoters, will acquire a total of 500,000 equity shares through an inter-se transfer from Pilani Investment and Industries Corporation Ltd. This internal restructuring increases Vidula’s shareholding from 35.81% to 36.72% and Rambara’s from 36.72% to 37.63%, raising overall promoter holding. The shares will be acquired at the prevailing market price of Rs. 753.69 per share, reflecting a strategic consolidation within the promoter group with no open offer triggered.