Vishnu Prakash R Punglia Promoter Ajay Pungalia Sells 6 Lakh Shares to Generate Liquidity

1 min read     Updated on 23 Sept 2025, 10:49 AM
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Riya DeyScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
-0.56%+3.03%-3.68%-49.50%-66.94%-38.06%
Vishnu Prakash R Punglia
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Vishnu Prakash R Punglia Promoter Sells 550,117 Shares, Reduces Stake to 5.744%

1 min read     Updated on 18 Sept 2025, 08:22 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Sanjay Kumar Punglia, a promoter of Vishnu Prakash R Punglia Limited, sold 550,117 shares on September 15, 2025, reducing his shareholding from 6.19% to 5.74%. The sale was conducted to generate liquidity for intended fund infusion into the company. The company's total equity share capital remains unchanged at 124,644,000 shares.

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*this image is generated using AI for illustrative purposes only.

Vishnu Prakash R Punglia Limited , a company listed on both the BSE Limited and National Stock Exchange of India Limited, has reported a significant change in its promoter shareholding. Sanjay Kumar Punglia, one of the company's promoters, has sold 550,117 shares through a market sale on September 15, 2025.

Transaction Details

The sale has resulted in a substantial reduction in Punglia's shareholding in the company. Here are the key details of the transaction:

Particulars Before Sale After Sale Change
Shares Held 7,710,000 7,159,883 -550,117
Shareholding Percentage 6.19% 5.74% -0.44%

Reason for Sale

According to the disclosure, Punglia stated that the reason for the sale was "to generate liquidity for intended infusion of funds into the company." This move suggests a potential reinvestment strategy to support the company's operations or growth initiatives.

Company Share Capital

The transaction has not affected Vishnu Prakash R Punglia's total equity share capital, which remains at 124,644,000 shares with a face value of Rs 10 each. This indicates that the sale was a transfer of existing shares and did not involve any new share issuance or buyback.

Regulatory Compliance

The promoter's disclosure of this transaction demonstrates compliance with SEBI regulations, ensuring transparency for investors and market participants. The timely filing of such information helps maintain market integrity and keeps shareholders informed about significant changes in promoter holdings.

This sale represents a notable change in the promoter's stake and may be of interest to investors tracking insider transactions or changes in promoter holdings. The stated intention of generating liquidity for potential fund infusion into the company could be a point of interest for stakeholders looking at Vishnu Prakash R Punglia's future financial strategies.

Historical Stock Returns for Vishnu Prakash R Punglia

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%+3.03%-3.68%-49.50%-66.94%-38.06%
Vishnu Prakash R Punglia
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