The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for VAB Ventures Ltd
PRUDMOULI · price
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VAB Ventures Ltd, one of the promoters of Prudential Sugar Corporation Ltd, sold 2,99,800 equity shares (face value Rs. 10 each) through open market on September 19, 2025. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011 and Form C under Regulation 7(2) of SEBI (PIT) Regulations, 2015. The company informed both BSE and NSE about this transaction on September 22, 2025. VAB Ventures separately confirmed the sale and stated no applicable laws were contravened.
This indicates a promoter trimming its stake in Prudential Sugar Corporation, which is generally viewed as a mildly negative signal by retail investors as it may suggest reduced promoter confidence. Shareholders should track post-sale promoter holding levels to assess any further dilution risk.