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

A promoter of Mangalam Industrial Finance, Sojan V Avirachan, disclosed a decrease in his equity shareholding percentage. His stake declined from 26.00% to 17.54%, while his absolute number of shares remained unchanged at 250,027,310. This dilution resulted from the recent Rights Issue, which allotted new equity shares to other promoters and public shareholders, expanding the company's total equity capital from approximately 96.16 Cr to 142.51 Cr. This event reflects the impact of the rights issue on existing shareholder percentages.