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

Mangalam Industrial Finance's promoter, Wardwizard Solutions India Private Limited, has pledged 9,00,00,000 equity shares to DY Captive Projects LLP. This represents 6.32% of the company's total share capital. The shares serve as collateral for financial assistance, a common practice to secure funding. While the promoter's overall shareholding remains unchanged, this move significantly increases the percentage of their shares that are encumbered. This is an important update for shareholders monitoring promoter activity and financial leverage.