Vishnu Prakash R Punglia Limited has disclosed comprehensive details of share encumbrance transactions involving promoter Manohar Lal Punglia under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company reported multiple pledge creation and release events affecting the promoter's shareholding pattern.

Promoter Shareholding Overview

Manohar Lal Punglia holds a total of 82,20,000 shares in the company, representing 6.59% of the total share capital. The recent disclosures cover various encumbrance activities that occurred between December 24, 2025, and December 31, 2025.

Share Pledge Transactions

The promoter executed several pledge creation transactions during the reporting period. The largest pledge involved 10,00,000 shares (0.80% of share capital) with HDFC Bank Limited on December 24, 2025, intended for liquidity generation and fund infusion into the company.

Share Release Activities

Significant pledge releases occurred on December 31, 2025, primarily involving Nidhi Castings And Alloys Private Limited. The releases totaled 10,00,222 shares across multiple transactions, all attributed to loan closures.

Current Encumbrance Position

Following all transactions, the promoter's encumbered shareholding stands at 58,30,000 shares, representing 4.68% of the total share capital. This reflects a net reduction in pledged shares despite new pledge creations, primarily due to substantial releases from loan closures.

Regulatory Compliance

The disclosure was filed from Jodhpur on January 05, 2026, in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The comprehensive reporting covers all required details including transaction dates, counterparty entities, and specific reasons for each encumbrance activity.

HG Infra Engineering Limited has announced the resignation of its Chief Human Resource Officer Rachna Mohan, who has decided to step down from her position due to personal family commitments. The resignation was formally communicated through a letter dated October 30, 2025, addressed to the company's Chairman and Managing Director, Harendra Singh.

Resignation Details

The key aspects of the resignation are outlined in the following table:

Leadership Transition

In her resignation letter, Rachna Mohan expressed gratitude for the opportunities provided during her tenure with the company. She specifically thanked the management for the professional growth and experiences gained while serving in her role as Chief Human Resource Officer. The resignation follows standard corporate protocols, with the employee requesting acceptance of her resignation as per company rules and policies.

Company Impact

The departure of the Chief Human Resource Officer represents a significant change in the company's senior management structure. As a key member of the leadership team, the CHRO position plays a crucial role in managing human capital, organizational development, and employee relations within the infrastructure development company. The company will need to address this leadership transition to ensure continuity in its human resources operations.