Sanjay Prakash Mangal, a promoter of Hindprakash Industries Limited (HPIL), has submitted a disclosure cum declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration states that the promoter and promoter group, along with Persons Acting in Concert (PAC), collectively hold 85,50,955 equity shares as of March 31, 2026. Importantly, no encumbrance of shares, either directly or indirectly, has been made by the promoter and promoter group during the financial year ended March 31, 2026. The disclosure details the shareholding of various individuals and entities within the promoter and promoter group. Sanjay Prakash Mangal holds 22,32,590 shares, Om Prakash Mangal holds 10,70,000 shares, and other members of the promoter and promoter group hold varying amounts, contributing to the total shareholding. Hindprakash Global Private Limited and Hindprakash Chemicals Private Limited are also listed as part of the promoter group. The announcement was made on April 02, 2026, and submitted to the National Stock Exchange of India Limited and BSE Limited.
