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

Mangalam Industrial Finance's promoters, Mr. Yatin Sanjay Gupte and Wardwizard Solutions India Private Limited, have collectively acquired 6.49 Cr equity shares through a recent Rights Issue. Mr. Gupte acquired 2.84 Cr shares, while Wardwizard Solutions acquired 3.65 Cr shares. This acquisition increased their combined stake in the company from 13.50% to 13.66%. This move demonstrates continued confidence from the promoter group in the company's future prospects, a positive signal for retail investors.