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

Mangalam Industrial Finance Limited's promoter, Wardwizard Solutions India Private Limited, had 9 crore equity shares pledged to DY Captive Projects LLP invoked. This invocation occurred as security for a Loan Against Securities facility. The lender has now taken control of these shares, reflecting the non-fulfillment of financial obligations. This transaction significantly alters the promoter's holding in Mangalam Industrial Finance Limited and is important for shareholders to note.