Shareholding1 Jul 2026, 03:00 pm
Prabhhans Industries: Promoter Satnam Singh Sells 5.25% Stake
AI Summary
Prabhhans Industries Limited has announced a disclosure under SEBI's substantial acquisition regulations. Promoter Satnam Singh has sold a significant portion of his shareholding. Prior to the sale, Satnam Singh held 44.91% of the company's voting rights. Post-sale, his holding has reduced to 39.71%. The transaction involved the sale of 62,48,240 equity shares at a face value of Rs. 1 each, for a total consideration of Rs. 6,24,82,400.
Key Highlights
- Promoter Satnam Singh sold 5.20% of Prabhhans Industries.
- Sale consideration amounts to ₹6.24 Crore.
- Post-sale promoter holding reduced to 39.71%.
- Disclosure made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Price Impact
More from PRABHHANS