FilingReader Intelligence

Promoter sells Vishnu Prakash stake for fund infusion

September 19, 2025 at 12:30 PM UTCBy FilingReader AI

Ajay Pungalia, a promoter of Vishnu Prakash R Punglia Limited, sold 500,000 shares, representing 0.401% of the company's total voting capital, in an open market sale on September 17, 2025. This transaction reduced his total shareholding from 6.217% to 5.816%.

The stated reason for the share sale is to generate liquidity for the intended infusion of funds into the company. The equity share capital and total voting capital of the company remain unchanged before and after the sale.

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares are listed on BSE Limited and the National Stock Exchange of India Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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