Ward Wizard Solutions Creates Pledge on 1.5 Crore Mangalam Industrial Shares

Mangalam Industrial Finance has received comprehensive regulatory disclosures from Ward Wizard Solutions India Private Limited regarding the creation of a pledge on 1,50,00,000 equity shares. The pledge was created in favor of Blacksoil Capital Private Limited on April 7, 2026, as per the regulatory filing submitted on April 9, 2026, under SEBI takeover regulations.

Pledge Creation Details

The pledged shares represent 1.05% of the total share capital of Mangalam Industrial Finance Limited. Ward Wizard Solutions India Private Limited, acting as a promoter entity along with Person Acting in Concert (PAC) Mr. Yatin Sanjay Gupte, disclosed this transaction under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter: Details Pledged Shares: 1,50,00,000 equity shares Percentage of Total Capital: 1.05% Pledge Creation Date: April 7, 2026 Reporting Date: April 9, 2026 Beneficiary: Blacksoil Capital Private Limited Mode of Transaction: Creation of Pledge

Regulatory Filing and Compliance

The disclosure was filed through proper regulatory channels, with Mangalam Industrial Finance Limited's Company Secretary Samoil Akilbhai Lokhandwala submitting the documentation to BSE Limited on April 10, 2026. The filing includes comprehensive details under Annexure-2 format as required by SEBI regulations for substantial acquisition disclosures.

Filing Details: Information Filing Authority: BSE Limited Regulation: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Disclosure Format: Annexure-2 Signatory: Sanjay Mahadev Gupte (DIN: 08286993) Company Secretary: Samoil Akilbhai Lokhandwala

Current Shareholding Structure

Following the pledge creation, the combined shareholding pattern shows Ward Wizard Solutions India Private Limited maintaining its voting rights while increasing its encumbered shares. The disclosure reveals the complete promoter shareholding structure in Mangalam Industrial Finance Limited with total promoter holding remaining unchanged at 7.06%.

Promoter Details: Shareholding Percentage Encumbered Shares Encumbered % Ward Wizard Solutions: 1,55,20,496 1.08% 1,50,00,000 1.05% Yatin Sanjay Gupte (PAC): 8,52,72,898 5.98% 8,50,00,000 5.96% Total Promoter Group: 10,07,93,394 7.06% 10,00,00,000 7.01%

Company Information

Mangalam Industrial Finance Limited operates with a total equity capital of Rs. 1,42,51,29,928 comprising 1,42,51,29,928 equity shares of Re. 1 face value each. The company's shares are listed on BSE Limited under scrip code 537800. Ward Wizard Solutions India Private Limited operates under CIN: U74900GJ2016PTC086439 with its registered office at Shed No.C-222, GIDC Makarpura, Industrial Estate, Vadodara, Gujarat.

Mangalam Industrial Finance Limited has disclosed a substantial share sale by promoter group entity DY Captive Projects LLP under SEBI regulations. The transaction involved the sale of 17,09,150 equity shares through on-market operations conducted between April 1-6, 2026.

Transaction Details

The share sale was executed in three separate tranches across different trading sessions:

Date Shares Sold Transaction Mode April 1, 2026 11,09,462 On market April 2, 2026 4,23,100 On market April 6, 2026 1,76,588 On market Total 17,09,150 On market

The largest single transaction occurred on April 1, 2026, accounting for approximately 65% of the total shares sold during this period.

Shareholding Impact

The sale has resulted in a reduction of DY Captive Projects LLP's stake in Mangalam Industrial Finance Limited:

Position Number of Shares Percentage Holding Before Sale 87,45,1330 6.14% After Sale 85,74,2180 6.02% Reduction 17,09,150 0.12%

DY Captive Projects LLP continues to maintain its status as a promoter group entity despite the reduction in shareholding percentage.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. DY Captive Projects LLP informed the company about the transactions on April 7, 2026, one day after the final sale transaction.

Kameshwar Singh, serving as the Designated Partner of DY Captive Projects LLP with DPIN 08575577, signed the regulatory disclosure documents. The company's shares are listed on BSE Limited under scrip code 537800.

Company Structure

Mangalam Industrial Finance Limited maintains an equity share capital of Rs. 1,42,51,29,928 divided into 1,42,51,29,928 equity shares of Re. 1 each. The company's registered office is located in Kolkata, West Bengal, while its corporate office operates from Vadodara, Gujarat.

The disclosure documentation was signed by Samoil Akilbhai Lokhandwala, Company Secretary and Compliance Officer of Mangalam Industrial Finance Limited, confirming the receipt and processing of the regulatory filing.

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