Vishnu Prakash R Punglia Limited has disclosed a share encumbrance transaction by promoter Pushpa Pungalia in compliance with SEBI Regulation 31. The disclosure, dated April 08, 2026, reveals a pledge creation executed on March 30, 2026.

Share Encumbrance Details

Pushpa Pungalia, who holds 3450000 shares representing 2.80% of the company's total share capital, created a pledge of 3200000 shares with SPV Finserve Private Limited. The encumbrance was structured as a pledge creation for specific business purposes.

Purpose and Rationale

The encumbrance was created specifically to generate liquidity for intended infusion of funds into the company. This strategic move indicates the promoter's commitment to strengthening the company's financial position through additional capital injection.

Regulatory Compliance

The disclosure was filed under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to inform stock exchanges about share encumbrances. The company's shares are listed on both NSE and BSE exchanges.

Current Position

Following this transaction, Pushpa Pungalia has pledged shares representing 2.72% of the total share capital, while retaining the overall holding of 3450000 shares (2.80% stake). The pledge involves SPV Finserve Private Limited, indicating a focused approach to meeting the promoter's liquidity requirements for company fund infusion.

The disclosure was signed by an authorized signatory from Jodhpur on April 08, 2026, ensuring compliance with regulatory timelines for such announcements.

Vishnu Prakash R Punglia Limited has announced the retirement of a key senior management personnel, marking a significant change in its leadership structure. The company informed both BSE and NSE about this development in compliance with regulatory requirements.

Senior Management Personnel Retirement

Mr. Rajendra Mehta, who served as Head-Business Legal and was designated as Senior Management Personnel of the company, retired from his position effective April 08, 2026. The retirement became effective at the closing of business hours on the specified date, and the company has accepted his retirement while relieving him from all duties.

Regulatory Compliance and Documentation

The announcement was made pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Nitisha Jain signed the regulatory filing, ensuring compliance with SEBI Master Circular bearing No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The company provided comprehensive documentation including the retirement letter and detailed annexure as required under SEBI Listing Regulations. All necessary disclosures were made to maintain transparency with stakeholders and regulatory authorities.

Background and Service Record

In his retirement letter dated March 08, 2026, Mr. Mehta cited aging-related health problems as the primary reason for seeking voluntary retirement. He expressed concerns about his ability to contribute optimally to the company due to these health challenges. The veteran executive acknowledged the support received from the board of directors, including the Chairman, Managing Director, senior management, and staff members during his tenure.

Mr. Mehta's departure represents the end of a significant chapter, having served the organization for more than 12 years in his legal and business leadership capacity. The HR Department formally accepted his retirement request on April 08, 2026, completing the transition process.

Company Profile

Vishnu Prakash R Punglia Limited operates as an engineer, contractor, and designer, maintaining ISO 9001: 2015 certification. The company is listed on both BSE (Scrip Code: 543974) and NSE (Symbol: VPRPL), with its corporate office located in Jodhpur, Rajasthan, and registered office in Mumbai, Maharashtra.