Vishnu Prakash R Punglia Promoter Ajay Pungalia Sells 6 Lakh Shares to Generate Liquidity
Ajay Pungalia, a promoter of Vishnu Prakash R Punglia, has sold 600,000 shares (0.48% of total share capital) through a market sale. This reduced his shareholding from 5.82% to 5.34%. The sale aims to generate liquidity for intended fund infusion into the company. The total equity share capital remains unchanged at 124,644,000 shares of Rs 10 each.

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Vishnu Prakash R Punglia , a company listed on both the BSE Limited and National Stock Exchange of India Limited, has reported a significant change in its promoter shareholding. Ajay Pungalia, a promoter of the company, has sold 6,00,000 shares, representing 0.48% of the total share capital, through a market sale.
Transaction Details
The transaction has resulted in a reduction of Pungalia's shareholding from 5.82% to 5.34% of the total diluted share capital. This information was disclosed in a regulatory filing under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Reason for Sale
According to the disclosure, the reason for the sale was to generate liquidity for the intended infusion of funds into the company. This move suggests that the promoter may be planning to reinvest in Vishnu Prakash R Punglia, potentially to support its growth or operational needs.
Shareholding Structure
The transaction has affected the promoter's shareholding as follows:
| Particulars | Before Transaction | After Transaction |
|---|---|---|
| Shares Held | 72,50,000 | 66,50,000 |
| % of Total Share Capital | 5.82% | 5.34% |
Company Capital
The total equity share capital of Vishnu Prakash R Punglia remains unchanged at 12,46,44,000 shares of Rs 10 each. This indicates that the transaction has not affected the company's overall capital structure.
Market Impact
While the sale represents a significant number of shares, it's important to note that it accounts for less than 0.5% of the company's total share capital. The impact on the company's stock price and market perception may vary depending on how investors interpret this move by the promoter.
This transaction highlights the dynamic nature of promoter holdings in listed companies and demonstrates how such changes can be part of broader strategic decisions related to company finances and growth plans.
Historical Stock Returns for Vishnu Prakash R Punglia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.56% | +3.03% | -3.68% | -49.50% | -66.94% | -38.06% |




























