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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Prudential Sugar Corporation Ltd informed the exchanges that one of its promoters, VAB Ventures Ltd, has sold 3,00,000 (three lakh) equity shares of face value Rs. 10 each through an open market transaction on 17 September 2025. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, and Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. VAB Ventures has confirmed compliance with all applicable laws and the company's rules while effecting the sale. The exact post-sale holding percentage or the price at which the shares were sold has not been disclosed in this filing.
This is a promoter-group offloading of shares, which can be seen as a mildly negative signal for retail investors as it may indicate reduced promoter confidence. However, without the price and percentage details, the precise impact on the stock or promoter holding is unclear.