Promoter Ajay Pungalia releases 5.05% pledged shares

Pledge releasedOwnership Changes View source PDF Explain this filing

VPRPL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.4%Reaction day

₹33.39

prior close

₹32.35

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-3.8% vs market

On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.1

15m

+0.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.4+0.3-3.8

Next day

+0.3+0.6-0.3

-1.6-0.4-1.2

+5.5-0.9+6.4

+7.7-0.3+8.0

+9.0+0.3+8.7

+9.3+1.3+8.0

15d

+1.8-0.1+1.9

-6.1-1.2-4.9

-27.2-7.7-19.5

———

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Ajay Pungalia released 66.50 lakh pledged shares (5.05% of share capital) on 24 August 2026, reported to exchanges on 27 August. Pledged shares were held by Nidhi Castings and Alloys Private Limited. Post-release, only 1.75 lakh shares (0.14%) remain encumbered, down from the prior 5.34% encumbered holding. The release was pursuant to terms of the financing undertaking or agreement.

Likely market impact

Pledge release cuts promoter encumbered holding to 0.14%, signaling reduced financial stress and lower risk of forced invocation.