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
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Ved Prakash Agarwal, a promoter of Prakash Industries Ltd, purchased 70,000 equity shares from the open market on NSE on 5th June 2025. This is a disclosure under Regulation 29(2) of SEBI (SAST) Regulations. His holding increased from 22,171,398 shares (12.381%) to 22,241,398 shares (12.420%), a marginal rise of 0.039%. The shares were acquired through normal market purchase with no encumbrance involved. The total share capital of the company remains unchanged at Rs. 179.08 crore (17.90 crore equity shares of Rs. 10 each).
This is a small promoter share purchase, signaling continued promoter confidence in the company. However, the acquisition is too small (0.039%) to materially impact shareholding structure or stock price.