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

Mangalam Industrial Finance Limited's promoter, Wardwizard Solutions India Private Limited, saw 9 crore equity shares (9,00,00,000 shares), representing 6.32% of the company's total capital, invoked by DY Captive Projects LLP. These shares were originally pledged as security for a Loan Against Securities facility. The invocation was executed to fulfill financial obligations and adhere to agreed risk mitigation measures. This event signifies a reduction in the promoter's effective shareholding and control within the company, impacting its overall shareholding structure.