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, identified as one of the promoters of Prudential Sugar Corporation Ltd, has sold 3,00,000 equity shares of face value Rs. 10 each through open market transactions on September 2, 2025. The company has reported receiving this disclosure from the promoter under Regulation 29(2) of SEBI (SAST) Regulations, 2011, along with Form C under Regulation 7(2) of SEBI (Insider Trading) Regulations, 2015. This indicates that the promoter has trimmed its holding in the company. The disclosure confirms that the promoter has complied with applicable insider trading and substantial acquisition disclosure norms.
Promoter selling shares is generally viewed as a negative signal by markets, suggesting reduced promoter conviction or stake monetisation. Retail investors should track any further promoter stake changes and overall shareholding pattern.