Vishnu Prakash R Punglia shares extended their decline for the second straight session on Thursday, falling nearly 5% amid heavy trading volumes. The infrastructure services provider's stock performance reflects a sustained bearish trend that has persisted across multiple trading sessions.

Sharp Decline from Recent Highs

The stock's current performance represents a dramatic fall from its December 2024 peak. Trading data shows the extent of the decline across different timeframes:

The stock has gained in only four out of the last 25 trading sessions, highlighting the persistent selling pressure. At the end of December, the company had delivered negative returns for eight consecutive months.

Elevated Trading Activity

Thursday's session witnessed significantly higher trading volumes compared to recent averages. Over 70 lakh shares were traded by 11 AM, substantially exceeding the 20-day average volume of 13 lakh shares. This elevated activity suggests continued investor interest despite the declining price trend.

Shareholding Pattern Changes

The company's shareholding structure has undergone notable changes between reporting periods:

Institutional Holdings

Quant Smallcap Fund remains the only mutual fund with a stake in the company, increasing its holding from 2.20% to 4.08% between September 2023 and September 2024.

Retail and Promoter Holdings

Retail investor participation has increased significantly, with the number of shareholders holding up to ₹2.00 lakh in authorized share capital rising from 47,400 to 1.20 lakh. These retail shareholders now collectively hold a 26.20% stake in the company.

Promoter holdings decreased during the September quarter, falling from 67% to 58% as promoters sold some of their stake in the company.

Current Market Position

The infrastructure services provider's shares closed the session 4.40% lower at ₹50.31, continuing the downward momentum that has characterized the stock's performance over recent months. The 40% decline over the past month underscores the challenging market conditions facing the company's shares.

Vishnu Prakash R Punglia Limited has disclosed a significant shareholding transaction by promoter group member Anil Punglia under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The transaction involved the sale of 10,00,000 equity shares through market sale between December 19-22, 2025.

Transaction Details

The shareholding disclosure reveals the following transaction parameters:

Shareholding Changes

The transaction resulted in a reduction of Anil Punglia's stake in the company:

Company Capital Structure

Vishnu Prakash R Punglia Limited's equity structure remains unchanged following this transaction:

• Total Equity Share Capital: 12,46,44,000 shares of ₹10 each
• Listing Status: BSE Limited and National Stock Exchange of India Limited
• Diluted Share Capital: 12,46,44,000 shares of ₹10 each

Transaction Rationale

According to the disclosure, Anil Punglia conducted this share sale to generate liquidity for intended fund infusion into the company. This strategic move suggests the promoter group's commitment to supporting the company's capital requirements while maintaining a significant stake in the business.

Regulatory Compliance

The disclosure was filed on December 23, 2025, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved only shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the sale.