The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 17, 2026 for Manohar Lal Punglia
VPRPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Manohar Lal Punglia has pledged an additional 1,15,000 shares (0.09% of total share capital) of Vishnu Prakash R Punglia Ltd with KRChoksey Financial Services Private Limited. The pledge was created on March 9, 2026 and disclosed to the exchanges on March 17, 2026, with the stated reason being to meet a shortfall in margin requirements. Post this event, the promoter's total encumbered (pledged) shares stand at 78,75,000, equating to 6.31% of total share capital. The promoter's overall shareholding in the company remains at 6.59% of total share capital, with no change in the underlying stake.
This is a routine margin-related pledge creation and does not signal any change in ownership or control. The additional pledge is small (0.09% of capital), and total encumbrance remains modest at 6.31%, so the immediate impact on shareholders or stock price is likely neutral.