The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ajay Pungalia
VPRPL · price
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Awaiting price reaction for this filing.
Ajay Pungalia, one of the promoters of Vishnu Prakash R Punglia Limited, sold 5,00,000 shares (0.401% of total equity) through open market on 17th September 2025. His stake declined from 6.217% (77,50,000 shares) to 5.816% (72,50,000 shares) after the transaction. The company has a total equity share capital of 12,46,44,000 shares of Rs 10 each. The promoter stated the sale was made to generate liquidity for intended infusion of funds back into the company.
The sale size is small (below 1% of equity), so direct stock price impact is limited. The stated intent to reinvest proceeds into the company is a mildly positive signal, suggesting continued promoter commitment and confidence in the business.