The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pulla Amresh Kumar
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Awaiting price reaction for this filing.
Pulla Amresh Kumar, a promoter of PFL Infotech Ltd, has sold his entire holding of 4,83,230 equity shares, which equals 6.46% of the company's paid-up share capital, on 21 August 2025. The transaction was carried out off-market, not through the exchange. After this sale, the promoter's holding in the company stands at NIL (0%), meaning he has completely exited his equity stake in PFL Infotech.
This is a significant negative signal as a promoter has fully exited the company, which may raise governance concerns and could put downward pressure on the stock price due to loss of promoter confidence. Existing shareholders should monitor for any further disclosures or board commentary.