Shareholding22 Jul 2026, 03:08 pm
Satnam Singh Sells 1.97% Stake in Prabhhans Industries
AI Summary
Satnam Singh, a promoter of Prabhhans Industries Limited, has sold 1,23,000 equity shares, representing 1.97% of the total share capital. The sale occurred on the open market on July 21, 2026, for a total consideration of ₹6,24,82,400. Following the sale, Satnam Singh's holding in the company has reduced from 38.91% to 36.94%. The transaction is disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Highlights
- Promoter Satnam Singh sold 1.97% stake in Prabhhans Industries.
- Sale proceeds amounted to ₹6,24,82,400.
- Holding reduced from 38.91% to 36.94%.
- Transaction executed via open market on July 21, 2026.
- Disclosure filed as per SEBI Takeover Regulations.
Price Impact
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