StockWatch
·
Packaged Foods
Shareholding22 Jul 2026, 05:21 pm

Satnam Singh Sells 1.97% Stake in Prabhhans Industries

AI Summary

Satnam Singh has disclosed the sale of 1,23,000 equity shares, representing 1.97% of the total share capital, in Prabhhans Industries Limited. The transaction, executed via the open market on July 21, 2026, resulted in a sale value of ₹6,24,82,400. Following the sale, Satnam Singh's holding in the company has reduced to 23,08,180 shares, constituting 36.94% of the total equity. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Satnam Singh sold 1.97% stake in Prabhhans Industries.
  • Transaction value: ₹6,24,82,400.
  • Post-sale holding reduced to 36.94%.
  • Sale executed via open market on July 21, 2026.
  • Disclosure filed under SEBI Takeover Regulations.