Vishnu Prakash R Punglia promoters reduce stake for company funding
Sanjay Kumar Punglia, a promoter of Vishnu Prakash R Punglia Limited, sold 600,000 shares. This reduced his holding from 5.014% (6,249,883 shares) to 4.532% (5,649,883 shares) of the total share capital. The shares were sold on September 22, 2025, via a market sale.
Concurrently, Anil Punglia, also a promoter, sold 600,000 shares, decreasing his stake from 6.498% (8,100,000 shares) to 6.017% (7,500,000 shares). This transaction also occurred on September 22, 2025, through a market sale. Both sales were made to generate liquidity for intended infusion of funds into the company.
Following these transactions, the total outstanding equity share capital of Vishnu Prakash R Punglia Limited remains 124,644,000 shares, each valued at INR 10. The disposals align with 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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