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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Awaiting price reaction for this filing.
VAB Ventures Ltd, one of the promoters of Prudential Sugar Corporation, sold 1,00,000 equity shares (face value Rs. 10 each) through the open market on September 29, 2025. Before the sale, VAB Ventures held 82,42,038 shares, representing 25.56% of the company's share capital. After the sale, its holding came down to 81,42,038 shares (25.25%), marking a reduction of about 0.31%. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, along with Form C under Regulation 7(2) of the Insider Trading Regulations. The total share capital of Prudential Sugar remains unchanged at 3,22,52,000 equity shares of Rs. 10 each.
A small promoter trim (0.31%) suggests mild promoter selling but the promoter remains a substantial shareholder at over 25%. Likely negligible direct impact on the stock price, though investors may watch for further promoter action.