The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Pungalia
VPRPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vijay Punglia, a member of the promoter group of Vishnu Prakash R Punglia Limited, sold 7,75,000 shares (0.622% of total equity) through open market transactions on 10-03-2026 and 11-03-2026. His holding reduced from 52,90,000 shares (4.244%) to 45,15,000 shares (3.622%) of the company. The company has a total equity share capital of 12,46,44,000 shares of Rs 10 each. The reason stated for the sale is to generate liquidity for intended infusion of funds into the company.
This is a relatively small open market sale by a promoter group member (less than 1% of equity), and the stated purpose is to bring money back into the company, which is broadly neutral to mildly positive. Shareholders may note the modest stake reduction but should not see it as a major negative signal given the small size and stated reinvestment intent.