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Mangalam Cement LimitedOthers, 04-07-2025: Disclosure under SEBI Takeover Regulations

04-07-2025 | 06:19 pm

Mangalam Cement Ltd. has announced a board meeting on 4th July 2025. The company received disclosures from promoter group entities Vidula Consultancy Services Limited and Rambara Trading Private Limited regarding an inter-se transfer of a total of 5,00,000 equity shares. Vidula acquired 2,50,000 shares from Pilani Investment and Industries Corporation Ltd, increasing its stake from 37.63% to 38.54%, while Rambara acquired 2,50,000 shares from the same seller, raising its holding from 38.54% to 39.45%. The shares were transferred at Rs. 758 per share, reflecting internal promoter restructuring without impact on public shareholding.

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