PRUDMOULIBSEPrudential Sugar Corporation LtdMediumNeutral
Announced Fri, 3 Oct · 16:34 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for VAB Ventures Ltd

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

VAB Ventures Limited, one of the promoters of Prudential Sugar Corporation Limited, sold 1,000 equity shares (face value Rs. 10 each) through an open market transaction on September 26, 2025. Prior to the sale, VAB Ventures held 82,43,038 shares (25.56% of the company's equity), and after the sale, it holds 82,42,038 shares, still at 25.56%. The sale represents just 0.003% of the company's total share capital and is purely a routine, tiny trimming of holdings. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, along with Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Likely market impact

The transaction is negligible in size and will have no material impact on the company's shareholding structure or stock price. Promoter VAB Ventures remains comfortably below the takeover threshold, so this is a routine compliance filing with no signal for investors.