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Mangalam Cement Ltd ( (IN:MANGLMCEM) ) has shared an update.
Mangalam Cement Ltd. has disclosed an inter-se transfer of 11,017 equity shares among its promoters, Vaishnavi Jalan and Avayaan Vikram Jalan, under the SEBI regulations for substantial acquisition of shares and takeovers. This transfer, executed as a gift without consideration, reflects internal restructuring among the promoters, potentially impacting the company’s shareholding structure but not affecting the overall market operations.
More about Mangalam Cement Ltd
Mangalam Cement Ltd. is a part of the BK Birla Group of Companies, operating in the cement industry. The company is involved in the production and marketing of cement, serving various construction needs across India.
Average Trading Volume: 2,025
Technical Sentiment Signal: Buy
Current Market Cap: 20.3B INR
See more data about MANGLMCEM stock on TipRanks’ Stock Analysis page.