Update: Promoter fully divests Vishnu Prakash stake, infuses funds
Ajay Pungalia, a promoter of Vishnu Prakash R Pungalia Limited, sold 600,000 shares, representing 0.481% of the total share/voting capital. The transaction occurred on September 18, 2025, through a market sale, reducing Pungalia's holding from 5.816% to 5.335%.
The shares were sold on BSE Limited and National Stock Exchange of India Limited. The primary reason stated for the sale was to generate liquidity for an intended infusion of funds into the company.
Following the transaction, the total equity share capital/total voting capital of Vishnu Prakash R Pungalia Limited remains 124,644,000 shares of Rs 10 each. The sale reflects a strategic move by the promoter to bolster the company's financial position.
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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