Mangalam Industrial Finance Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Wardwizard Solutions India Private Limited and its Person Acting in Concert, Mr. Yatin Sanjay Gupte, have increased their stake in Mangalam Industrial Finance Limited. This occurred through the acquisition of new fully paid-up equity shares allotted under a recent Rights Issue. Wardwizard Solutions acquired 3,64,94,104 shares, and Mr. Gupte acquired 28,424,299 shares. Following this, their combined holding in Mangalam Industrial Finance Limited stands at 13.66%. The company's equity capital increased from Rs. 96.16 Cr to Rs. 142.51 Cr due to this capital raise. This update reflects a change in promoter group shareholding.