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 sold 2,99,800 equity shares of Prudential Sugar Corporation Ltd through a market transaction on September 19, 2025. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, the provision that applies to incremental share transactions crossing the 1% disclosure threshold. Form C under SEBI (Prohibition of Insider Trading) Regulations, 2015 was also enclosed. The letter was signed by Vinod Kumar Baid as authorised signatory of VAB Ventures Ltd on September 20, 2025, with copies marked to the company’s compliance officer in Hyderabad and to the listing officers of BSE and NSE.
A market sale of nearly 3 lakh shares by a substantial shareholder under SAST regulations may be viewed as a reduction in significant stake and could weigh on short-term sentiment. Retail investors should monitor the revised shareholding pattern and any further disclosures to gauge the overall change in promoter or substantial shareholding of Prudential Sugar Corporation.