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.
Promoter Ved Prakash Agarwal purchased 12,000 equity shares of Prakash Industries Ltd from the open market on NSE on 16th June 2025. This increased his stake marginally from 12.460% to 12.467%, a change of just 0.007%. The total shares held by him now stand at 22,325,398 out of the company's equity capital of 17.90 crore shares. The disclosure was filed under SEBI's Takeover Regulations, indicating promoter confidence despite the small size of the purchase.
This is a very small, routine open-market purchase by the promoter that signals mild confidence in the company, but the negligible change in stake (0.007%) is unlikely to materially impact the stock price.