The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pushpa Pungalia
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Awaiting price reaction for this filing.
Pushpa Pungalia, a member of the promoter group of Vishnu Prakash R Punglia Ltd, sold 1,00,000 equity shares (0.080% of total share capital) through an open market transaction on 18 December 2025. Post-sale, her individual holding stands reduced from 70,90,000 shares (5.688%) to 69,90,000 shares (5.608%). The total equity share capital of the company remained unchanged at 12,46,44,000 shares of Rs 10 each. The stated reason for the sale is to generate liquidity for an intended infusion of funds back into the company.
This is a minor, routine promoter group sale (just 0.08% of equity) and is unlikely to materially affect the stock price. The stated reason — bringing capital back into the company — is mildly reassuring as it signals continued promoter commitment rather than an exit.