We, Prabhhans Industries Limited, hereby submit the disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Mr. Satnam Singh, Managing Director & CFO and part of the promoter group, has disclosed the sale of 2,44,881 equity shares of Prabhhans Industries Ltd in the open market. The shares were sold in four tranches between July 8 and July 18, 2025, at prices ranging from ₹78.68 to ₹111.63 per share. Before the sale, the promoter held 37,30,164 shares (59.70%), which has now come down to 34,85,283 shares (55.78%). The total share capital remains unchanged at 62,48,240 equity shares of ₹10 each. This disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011.
The promoter has trimmed his stake by nearly 4 percentage points but still remains the majority holder with 55.78% of the company. For shareholders, this signals the promoter monetizing a portion of holdings in the open market, which is a routine disclosure but worth noting as it brings the promoter shareholding closer to the 50% threshold.