FilingReader Intelligence

Vishnu Prakash R Punglia promoters reduce stakes to boost company liquidity

September 23, 2025 at 04:59 AM UTCBy FilingReader AI

Kamal Kishor Pungalia, a promoter of Vishnu Prakash R Punglia, sold 6,000,000 equity shares, representing 0.481% of the total share capital. Prior to this market sale on September 18, 2025, Kamal Kishor Pungalia held 62,50,000 shares, or 5.014% of the voting capital. Following the transaction, his holding stands at 56,50,000 shares, equivalent to 4.533%.

In a separate but related transaction on the same date, promoter Sanjay Kumar Punglia also sold 6,000,000 shares, which constitutes 0.481% of the total share capital. Before this sale, Sanjay Kumar Pungalia held 68,49,883 shares, or 5.495% of the voting capital. His post-sale holding is 62,49,883 shares, representing 5.014%.

Both promoters stated that the reason for their respective sales was to generate liquidity for the intended infusion of funds into the company. The total voting capital of Vishnu Prakash R Punglia Limited remains at 124,644,000 shares, each valued at ₹10.

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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