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.
Kamal Kishor Pungalia, a promoter of Vishnu Prakash R Punglia Ltd, sold 30,000 equity shares (0.024% of total share capital) through a market sale on September 15, 2025. The transaction reduced his individual holding from 5.519% (68,80,000 shares) to 5.495% (68,50,000 shares). The promoter stated the sale was made to generate liquidity for an intended infusion of funds back into the company. The company's total equity share capital remains 12,46,44,000 shares of Rs 10 each, with no encumbered shares or warrants involved in the transaction.
The sale is very small in size (only 0.024%), so direct price impact is negligible. However, the stated intent to reinvest the proceeds into the company is a mildly positive signal of promoter confidence and continued commitment to the business.