The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ved Prakash Agarwal
PRAKASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ved Prakash Agarwal, a promoter of Prakash Industries Ltd, purchased 12,000 equity shares from the open market (NSE) on 06th June 2025. This disclosure was filed under SEBI's SAST Regulation 29(2). His total holding increased marginally from 22,241,398 shares (12.420%) to 22,253,398 shares (12.426%) of the company's paid-up equity capital. The acquisition represents an increase of just 0.007% in his stake and was made through normal open market purchase.
This is a very small, routine insider purchase by the promoter and is unlikely to have any material impact on the stock price. It signals mild promoter confidence but the size is too negligible to influence investor sentiment or trigger any regulatory thresholds.