ALPHA TRIBE

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

01-01-1970 | 12:00 am

Promoter Yatin Sanjay Gupte, along with Wardwizard Solutions India Private Limited, increased their stake in Mangalam Industrial Finance Limited. This was achieved by acquiring 64,918,403 new equity shares through the company's recent Rights Issue. Their combined shareholding now stands at 13.66%, up from 13.50%. The company's total equity capital also expanded from Rs. 96.16 Cr to Rs. 142.51 Cr due to the issue. This participation signals strong confidence from the promoter group in the company's future.

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