VPRPL promoter equity changes: Liquidity infusion & pledged shares
Vishnu Prakash R Punglia Limited (VPRPL) issued a clarification regarding recent promoter equity transactions. Promoters sold 9.15% of equity holding via open market transactions. Additionally, 1.78% of the Managing Director's personal shareholding has been pledged. These moves, generating proceeds, are an interest-free loan to VPRPL.