Vishnu Prakash R Punglia has issued an official clarification regarding recent transactions involving promoter stake in the company. The announcement addresses market concerns and provides transparency on the corporate restructuring activities.

Promoter Stake Sale Clarification

The company has provided detailed clarification on the sale of promoter stake, addressing any market speculation or investor queries regarding the transaction. This move demonstrates the company's commitment to maintaining transparency with stakeholders and ensuring proper disclosure of material corporate actions.

Financial Reinvestment Details

Alongside the clarification, the company announced a significant financial commitment with the following details:

Strategic Implications

The ₹200.00 crore interest-free loan represents a substantial reinvestment in the company's operations. This financial injection is expected to support various business initiatives and operational requirements. The interest-free nature of the loan demonstrates promoter confidence in the company's growth prospects and commitment to supporting its financial position.

Corporate Governance

The company's proactive approach in providing clarifications on promoter stake transactions reflects strong corporate governance practices. Such transparency helps maintain investor confidence and ensures compliance with regulatory disclosure requirements.

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.

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.

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.