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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Radhika SahaniScanX News Team
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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
-0.50%+3.22%-19.99%-43.44%-63.72%-34.01%
Vishnu Prakash R Punglia
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Vishnu Prakash R Punglia Promoters Sell 3.38% Stake to Boost Company Liquidity

1 min read     Updated on 03 Sept 2025, 02:09 PM
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Shriram ShekharScanX News Team
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Overview

Promoters of Vishnu Prakash R Punglia Limited (VPRPL) have sold 3.38% of their shareholding in the open market. The proceeds will be used to provide an interest-free loan to the company, aiming to strengthen its liquidity position and support operational activities. The sale was conducted by key promoters through open market transactions. Managing Director Manohar Lal Punglia stated that this move reflects the promoters' commitment to long-term growth and financial stability. The disclosure was made in compliance with SEBI regulations.

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

Vishnu Prakash R Punglia Limited (VPRPL), a prominent engineering, contracting, and designing company, has announced a significant move by its promoters to strengthen the company's financial position. In a recent development, the promoters have sold 3.38% of their shareholding in the open market, with the proceeds earmarked for an interest-free loan to the company.

Promoter Sale and Company Support

The sale, conducted by key promoters Vishnu Prakash Punglia, Kamal Kishor Punglia, Sanjay Kumar Punglia, and Ajay Punglia, was executed through open market transactions. This strategic decision aligns with the company's goal to enhance its liquidity and support ongoing operational activities.

Financial Implications

The proceeds from the share sale will be infused into the company as an interest-free loan. This move is expected to:

  • Strengthen VPRPL's liquidity position
  • Support operational and strategic initiatives
  • Enhance the company's cash flow

Management's Perspective

Manohar Lal Punglia, Managing Director of Vishnu Prakash R Punglia Limited, commented on the development:

"This step reflects the promoters' continued commitment to the long-term growth, financial stability, and value creation for all stakeholders. Despite the reduction in promoter holding, the promoters remain fully invested in the Company's vision and continue to hold a significant stake, reaffirming their confidence in the business and its future prospects."

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating its commitment to transparency and regulatory adherence.

Future Outlook

VPRPL remains focused on delivering sustainable performance and maintaining transparent communication with its shareholders and financial partners. The company's management views this move as a strategic step towards ensuring robust financial health and supporting future growth initiatives.

As Vishnu Prakash R Punglia Limited continues to navigate the dynamic business landscape, this infusion of interest-free capital is expected to provide the necessary financial flexibility to pursue its operational and strategic objectives effectively.

Historical Stock Returns for Vishnu Prakash R Punglia

1 Day5 Days1 Month6 Months1 Year5 Years
-0.50%+3.22%-19.99%-43.44%-63.72%-34.01%
Vishnu Prakash R Punglia
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