Vishnu Prakash R Punglia promoters divest, pledge equity for liquidity

Vishnu Prakash R Punglia Limited announced on October 3, 2025, that its promoters have partially divested and pledged equity to inject additional liquidity into the company. Specifically, 9.15% of their equity holding was sold through open market transactions. Additionally, manohar lal punglia, the managing director, pledged 1.78% of his equity.

The proceeds from these actions will be provided to the company as an interest-free loan. This capital is intended to support ongoing operational requirements, working capital needs, and future strategic and growth-oriented initiatives. The company assures stakeholders that it maintains a healthy order book, a consistent execution track record, and a clear roadmap for future growth.

Despite these adjustments, the promoters emphasize their long-term commitment and significant stake in the company. Vishnu Prakash R Punglia Limited aims to reassure stakeholders of its financial stability, strategic focus, and strong position for sustained growth.