Prabhhans Industries Promoter Satnam Singh Reduces Stake in Two Separate Transactions

Prabhhans Industries Limited , a company listed on the BSE, has witnessed a significant reduction in promoter shareholding as Mr. Satnam Singh, a key promoter, executed two separate share sales through open market transactions.

First Transaction

In the first transaction, which took place between July 8 and July 18, Mr. Singh sold a total of 244,881 shares, representing 3.92% of the company's total voting rights. The shares were sold at varying rates, ranging from Rs. 78.68 to Rs. 111.63 per share. This sale reduced Mr. Singh's shareholding from 59.70% to 55.78% of the company's total equity.

Second Transaction

Following the July sale, Mr. Singh conducted another round of share disposals between August 4 and August 26. In this second transaction, he sold an additional 190,537 shares, accounting for 3.05% of the total voting rights. The sale prices during this period ranged from Rs. 74.70 to Rs. 77.85 per share. This further reduced Mr. Singh's stake in the company from 55.78% to 52.73%.

Impact on Shareholding Structure

The two transactions have resulted in a cumulative reduction of 6.97% in Mr. Satnam Singh's shareholding in Prabhhans Industries Limited. The promoter's stake has decreased from an initial 59.70% to the current 52.73%.

Company Details

Prabhhans Industries Limited has an equity share capital of Rs. 6,24,82,400, divided into 62,48,240 equity shares with a face value of Rs. 10 each. The company is listed on the BSE Limited.

Regulatory Compliance

These transactions were reported in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures were made to ensure transparency in the shareholding changes of promoter group members.

Transaction Details

July Transaction:

Date	Number of Shares	Rate (Rs.)
08-07	43,039	111.63
11-07	43,552	102.61
14-07	35,290	96.70
18-07	123,000	78.68

August Transaction:

Date	Number of Shares	Rate (Rs.)
04-08	75,000	77.85
25-08	45,000	74.70
26-08	70,537	77.14

These share sales by a key promoter represent a significant change in the insider ownership structure of Prabhhans Industries Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	-3.58%	-32.93%	-67.29%	-59.43%	+5.75%

Satnam Singh, Managing Director and promoter of Prabhhans Industries Limited, has reduced his stake in the company through a series of open market transactions. The sales resulted in a 3.05% reduction in Singh's shareholding.

Transaction Details

Singh sold a total of 1,90,537 shares, with the following breakdown:

Date	Shares Sold	Price (₹)
August 4	75,000	77.85
August 25	45,000	74.70
August 26	70,537	77.14

Impact on Shareholding

As a result of these sales, Satnam Singh's shareholding in Prabhhans Industries Limited has decreased from 55.78% to 52.74%. Despite this reduction, Singh remains the majority shareholder.

Company Overview

Prabhhans Industries Limited has a total equity share capital of ₹6,24,82,400, divided into 62,48,240 equity shares of ₹10 each.

Regulatory Compliance

Such transactions are typically reported in compliance with SEBI regulations, including disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.