The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kamal Kishor Pungalia
VPRPL · price
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Awaiting price reaction for this filing.
Promoter Kamal Kishor Pungalia sold 6,00,000 equity shares (0.481% of paid-up capital) of Vishnu Prakash R Punglia Ltd on 17th September 2025 through an open market transaction. His holding fell from 68,50,000 shares (5.495%) to 62,50,000 shares (5.014%). The total share capital of the company remains 12,46,44,000 shares of Rs 10 each. The stated reason for the sale was to generate liquidity for intended infusion of funds into the company.
The stake reduction is modest (under 0.5%) and the promoter remains a significant shareholder above 5%. The stated purpose of fuelling capital infusion into the company is mildly reassuring, but any open-market exit by a promoter tends to draw investor attention.