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

A promoter group, including Venkata Ramana Revuru, disclosed a reduction in their percentage equity shareholding in Mangalam Industrial Finance Limited. Their stake decreased from 18.91% to 12.76%. This change reflects the expansion of the company's total equity capital, which grew from Rs 96.16 Cr to Rs 142.51 Cr due to a recent rights issue. Although the promoter group's absolute number of shares remained constant, their proportional ownership diluted as new shares were issued to other investors. This alters the company's overall ownership structure.