The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Kumar Punglia
VPRPL · price
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Sanjay Kumar Punglia, a promoter of Vishnu Prakash R Punglia Limited, sold 3,10,000 equity shares (0.248% of total share capital) through an open market transaction on 17th September 2025. His holding reduced from 71,59,883 shares (5.744%) to 68,49,883 shares (5.495%). The sale was disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The reason cited for the sale is to generate liquidity for intended infusion of funds into the company. The total equity share capital of the company stands at 12,46,44,000 shares of Rs 10 each.
Although the sale represents only a small reduction in promoter's personal stake, the stated purpose of infusing funds back into the company is a positive signal, suggesting the promoter remains committed to the business and is recycling capital rather than exiting.