Vishnu Prakash R Punglia Limited has announced a promoter group share transaction under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The disclosure reveals a strategic move by a promoter group member to generate liquidity for company operations.

Transaction Details

Pushpa Pungalia, identified as a member of the promoter group, executed a market sale of equity shares on December 18, 2025. The transaction involved the disposal of shares carrying voting rights through the open market mechanism.

Shareholding Changes

The transaction resulted in a reduction of Pushpa Pungalia's stake in the company. The shareholding pattern shows a decrease from the pre-transaction holding to the post-transaction position.

Company Capital Structure

The company's equity share capital structure remained unchanged following the transaction. Vishnu Prakash R Punglia Limited maintains its total equity base without any alterations to the overall capital framework.

Purpose and Strategic Rationale

The disclosure document specifies that the share sale was conducted to generate liquidity for intended infusion of funds into the company. This indicates a strategic financial decision aimed at strengthening the company's capital position through promoter group contribution.

The transaction was executed in compliance with SEBI regulations, with the company listed on both BSE Limited and National Stock Exchange of India Limited. The disclosure was filed on December 22, 2025, from Jodhpur, maintaining transparency requirements under the regulatory framework.

Vishnu Prakash R Punglia Limited has successfully finalized a river sand mining lease in Rajasthan, marking a significant expansion into the mining sector. The Engineering, Procurement and Construction (EPC) company announced that it has secured the lease through an auction process and obtained all necessary regulatory approvals.

Lease Details and Production Capacity

The mining lease covers operations in Village Kanana, Balotra District, Rajasthan, for a period of five years. The company has deposited requisite amounts and security with the Mining Engineer, Department of Mines Geology, Barmer, Government of Rajasthan, for execution of the mining agreement.

Under the terms of the lease, Vishnu Prakash R Punglia Limited will be responsible for the mining and sale of river sand for the entire lease period, subject to the prescribed annual production ceiling and applicable regulatory compliances.

Strategic Business Impact

The river sand mining lease represents a strategic diversification move for the company, complementing its existing EPC capabilities. This expansion aligns with the company's diversification strategy and strengthens its expanding business portfolio across India while supporting balanced and sustainable growth across new verticals.

The company continues to pursue opportunities that complement its EPC capabilities and enhance long-term value creation. This mining venture adds a new revenue stream to the company's existing infrastructure development operations.

Company Background

Vishnu Prakash R Punglia Limited, established in 1986, is an ISO 9001:2015 certified integrated Engineering, Procurement and Construction company. The company specializes in infrastructure projects across water supply, railways, roads, and irrigation networks, with particular strength in water supply systems including water treatment plants, pumping stations, and pipeline networks.

The company operates across 11 states including Assam, Chhattisgarh, Goa, Gujarat, Haryana, Maharashtra, Manipur, Madhya Pradesh, Rajasthan, Uttarakhand, and Uttar Pradesh. It primarily serves Central and State Governments, autonomous bodies, and select private sector clients, maintaining alignment with national infrastructure initiatives such as Jal Jeevan Mission and AMRUT.

Operational Capabilities

The company's integrated business model is supported by in-house execution capabilities and a fleet of over 500 construction equipment units, enabling efficient project delivery with limited reliance on third-party contractors. VPRPL focuses exclusively on EPC contracts in roads and highways, with or without operations and maintenance, while avoiding HAM and BOT models to ensure prudent debt management and stable cash flows.