Chungath Karunakaran Padma Kumar decreased his stake in Mangalam Global Enterprise from 3.90% to 3.78% by selling 397,820 shares. The value of shares sold is ₹65.64 lakh at ₹16.50 apiece.
A manufacturer and distributor of edible oils, non-edible oils, seeds, and their derivatives, Mangalam Global Enterprise operates across the consumer defensive sector with an integrated supply chain. The company sources, processes, and supplies oils and oil-based products to domestic and international markets, serving food processing, retail, and industrial customers. Established in 2010, it has developed capabilities in refining and packaging operations.
Businessperson with 19 years of corporate governance across healthcare and life sciences ventures including Auxesia Life Science Implants, Medmate Pharma, and Irid Biocare. Active in Indian small-cap equities, with positions in AGI Infra and Mangalam Global Enterprise.