Mangalam Global Enterprise Limited Reclassifies Shareholder from Promoter Group
Mangalam Global Enterprise Limited announced on March 24, 2026, that it has received approval to reclassify Radhika Bansal from the "Promoter Group" category to the "Public" category. The decision follows an application submitted by the company on January 17, 2026, to both the National Stock Exchange of India Limited and the Bombay Stock Exchange.According to the notification, Radhika Bansal currently holds 10,00,000 shares, representing 0.30% of the company’s total paid-up share capital.
The reclassification was granted by both exchanges, as evidenced by letters dated March 24, 2026.
| Name of Shareholder | Number of Shares | % of Shareholding |
|---|---|---|
| Radhika Bansal | 10,00,000 | 0.30% of total paid up share capital |
The company is required to ensure compliance with subsequent disclosures related to this reclassification, in accordance with applicable regulations.
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