Mangalam Cement promoters increase stake through inter-se transfer

Mangalam Cement Limited announced on December 18, 2025, that its promoters, Vaishnavi Jalan and Master Avayaan Vikram Jalan, acquired a total of 11,017 equity shares through an inter-se gift transfer. This transaction was conducted under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition involved Anshuman Vikram Jalan transferring 5,508 shares to Vaishnavi Jalan and 5,509 shares to Master Avayaan Vikram Jalan. These transfers, executed on December 15, 2025, and December 17, 2025, were reported as an exempt acquisition under Regulation 10 (1) (a)(ii) of SAST Regulations, 2011, as they involved no consideration.

Post-transaction, Vaishnavi Jalan's shareholding increased to 10,714,384 shares, representing 38.97% of the total share capital, up from 38.95%. Master Avayaan Vikram Jalan's stake similarly rose to 10,708,876 shares, equating to 38.95%, from a prior 38.93%.