NewsCorporate ActionsVPRPL Promoter Kamal Kishor Pungalia Creates Share Encumbrance Worth 3.81% StakeVPRPL Promoter Kamal Kishor Pungalia Creates Share Encumbrance Worth 3.81% Stake
Vishnu Prakash R Punglia promoter Kamal Kishor Pungalia has pledged 47,50,000 shares (3.81% stake) to HDFC Bank Limited on December 26, 2025, to generate liquidity for company fund infusion. The encumbrance represents 84% of his total 4.53% shareholding in the infrastructure company. This regulatory disclosure was filed under SEBI Takeover Regulations on January 5, 2026.
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Vishnu Prakash R Punglia promoter Kamal Kishor Pungalia has created a significant share encumbrance, pledging 47,50,000 shares representing 3.81% of the company's total share capital to HDFC Bank Limited. The encumbrance was created on December 26, 2025, with the regulatory disclosure filed on January 5, 2026, under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
Encumbrance Details
The share pledge was executed to generate liquidity for intended fund infusion into the company. Prior to this transaction, Kamal Kishor Pungalia held no encumbered shares, making this a fresh creation of encumbrance on his shareholding.
| Parameter: | Details |
|---|---|
| Promoter Name: | Kamal Kishor Pungalia |
| Total Holding: | 56,50,000 shares (4.53%) |
| Shares Pledged: | 47,50,000 shares (3.81%) |
| Encumbrance Type: | Pledge |
| Beneficiary: | HDFC Bank Limited |
| Date of Creation: | December 26, 2025 |
Shareholding Analysis
Kamal Kishor Pungalia maintains a total shareholding of 56,50,000 shares, equivalent to 4.53% of Vishnu Prakash R Punglia's total share capital. Of this holding, 47,50,000 shares are now pledged, representing approximately 84% of his total stake in the company.
| Shareholding Status: | Number of Shares | Percentage |
|---|---|---|
| Total Promoter Holding: | 56,50,000 | 4.53% |
| Previously Encumbered: | 0 | 0.00% |
| Newly Encumbered: | 47,50,000 | 3.81% |
| Post-Event Encumbered: | 47,50,000 | 3.81% |
Regulatory Compliance
The disclosure was made in compliance with Regulation 31 of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The company's shares are listed on both NSE and BSE exchanges, and the regulatory filing was completed from Jodhpur on January 5, 2026.
The encumbrance creation indicates the promoter's strategic move to raise liquidity while maintaining his shareholding position in the company. The pledged shares will serve as collateral for the intended fund infusion into Vishnu Prakash R Punglia Limited.
Historical Stock Returns for Vishnu Prakash R Punglia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.67% | -3.00% | -30.15% | -67.17% | -80.91% | -63.18% |
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