ALPHA TRIBE

Vishnu Prakash R Punglia LimitedPledging, 27-03-2026: Pledge/Unpledge

27-03-2026 | 06:07 pm

Vishnu Prakash R Punglia Limited's promoter, Mr. Vishnu Prakash Punglia, on Dec 20, simultaneously pledged 0.70 Cr shares (5.61% of total capital) and then unpledged the same amount with IDBI Bank. The key takeaway for investors is that following these transactions, the total shares pledged by this promoter now stand at zero. This reduction in promoter-level pledged shares is often seen as a positive development, signaling decreased financial leverage risk.

No comments yet. Be the first to comment!

All announcements from Vishnu Prakash R Punglia Limited