The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pushpa Pungalia
VPRPL · price
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Pushpa Pungalia, a member of the promoter group of Vishnu Prakash R Punglia Ltd, has sold 6,00,000 equity shares (0.481% of total share capital) through an open market transaction on 11-03-2026. Her holding in the company has reduced from 40,90,000 shares (3.281%) to 34,90,000 shares (2.800%). The stated reason for the sale is to generate liquidity for intended infusion of funds into the company. The total equity share capital of the company remains at 12,46,44,000 shares of Rs 10 each.
This is a small open market sale (under 0.5% of capital) by a single promoter group member, so direct share price impact is likely limited. However, the stated intent to infuse funds back into the company is a positive signal, suggesting the promoter remains committed to the business despite the divestment.