Vishnu Prakash R Punglia promoter pledges shares for company funding

Manohar Lal Punglia, a promoter of Vishnu Prakash R Punglia Limited, disclosed the creation of pledges on his shares, according to a filing on October 16, 2025. This action was taken to generate liquidity for intended infusion of funds into the company.

On October 8, 2025, Manohar Lal Punglia pledged 1,550,000 shares, representing 1.24% of the total share capital, with KRChoksey Financial Services Private Limited. This pledge increased his encumbered holding from 22.222% to 37.7222%, or 3.03% of total share capital, post-event.

Additionally, on October 9, 2025, an unspecified number of shares were pledged with Comfort Fincap Limited, representing 0.20% of the total share capital, further increasing the promoter’s total encumbered holding to 40.222% or 3.23% of the total share capital. Prior to these transactions, Manohar Lal Punglia held 8,220,000 shares, equivalent to 6.59% of the total share capital.