Shrikant Bhangdiya, Arti Bhangdiya, Megha Bhangdiya, Sonal Bhangdiya, and Manisha Maniyar entered into an agreement to acquire 34.5% stake in Sobhagya Mercantile Limited from Mangalam Exim Pvt Ltd, Shree Kumar Mangalam Traders Pvt. Ltd., and Kumaar Bagrodia for INR 0.83 million on June 14, 2019. Under the terms of the transaction, Shrikant Bhangdiya, Arti Bhangdiya, Megha Bhangdiya, Sonal Bhangdiya, and Manisha Maniyar will to acquire 0.08 million shares. Shrikant Bhangdiya, Arti Bhangdiya, Megha Bhangdiya, Sonal Bhangdiya, and Manisha Maniyar will acquire 10.42%, 6.02%, 6.02%, 6.02%, and 6.02% stake respectively. Mangalam Exim Pvt Ltd, Shree Kumar Mangalam Traders Pvt. Ltd., and Kumaar Bagrodia will transfer 20.22%, 0.25%, and 14.04% stake respectively and will hold no stake upon completion. Shrikant Bhangdiya, Arti Bhangdiya, Megha Bhangdiya, Sonal Bhangdiya, and Manisha Maniyar completed the acquisition of 34.5% stake in Sobhagya Mercantile Limited from Mangalam Exim Pvt Ltd, Shree Kumar Mangalam Traders Pvt. Ltd., and Kumaar Bagrodia on June 14, 2020.