The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vishnu Prakash Punglia
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Awaiting price reaction for this filing.
Promoter Vishnu Prakash Punglia sold 6,00,000 shares (0.481% of total equity) of Vishnu Prakash R Punglia Limited through an open market transaction on 1st September 2025. His holding declined from 10.53% (1,31,25,000 shares) to 10.048% (1,25,25,000 shares) post-sale. The promoter stated the purpose of the sale was to generate liquidity for an intended infusion of funds into the company. The company's total equity share capital stands at 12,46,44,000 shares of Rs 10 each, unchanged by the transaction.
This is a relatively small promoter sale (under 0.5%) and the promoter's stake remains comfortably above regulatory disclosure thresholds. The stated intention to redeploy the proceeds back into the company may be read as a sign of continued promoter confidence and long-term commitment.