Promoter sells stake in Vishnu Prakash R Punglia for liquidity
Kamal Kishor Pungalia, a promoter of Vishnu Prakash R Punglia Limited, completed a market sale of 600,000 equity shares on September 17, 2025. This transaction reduced Pungalia's total voting capital in the company from 5.495% to 5.014%.
Before the sale, Pungalia held 6,850,000 shares, representing 5.495% of the total voting capital. The market sale of 600,000 shares constituted 0.481% of the total voting capital, bringing the post-acquisition holding to 6,250,000 shares or 5.014%.
The company stated the reason for the sale was "to generate liquidity for intended infusion of funds into the company." The equity share capital of the Target Company remains at 124,644,000 shares of Rs 10 each, both before and after the transaction. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
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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