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 Ltd, has sold 4,00,000 equity shares (face value Rs. 10 each) through the open market on 23 September 2025. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011 along with Form C under Regulation 7(2) of SEBI (PIT) Regulations, 2015. The transaction triggers a SAST continual disclosure, indicating the promoter's stake has changed by 1% or more from the previously disclosed level. The sale was made directly on the stock exchange with no further details on price or post-sale holding provided in the filing.
This is a promoter exiting portion of its stake, which is generally viewed as a mild negative signal by retail investors. Watch for further disclosures from VAB Ventures indicating whether continued selling is expected and what the post-sale promoter holding stands at.