The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Kumar Pungalia
VPRPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sanjay Kumar Punglia, one of the promoters of Vishnu Prakash R Punglia Limited, sold 6,00,000 shares (0.481% of paid-up capital) in the open market on September 22, 2025. His stake in the company dropped from 5.014% (62,49,883 shares) to 4.532% (56,49,883 shares). The promoter stated the sale was made to generate liquidity for an intended infusion of funds back into the company. The disclosure has been filed with BSE and NSE under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
The sale is small (under 0.5% of equity) and is unlikely to materially shake investor confidence. Importantly, the stated reason — raising money to reinvest into the company — signals continued promoter commitment and confidence, which is mildly positive for shareholders.