
Shareholding1 Aug 2026, 06:11 pm
Satnam Singh Sells 24.78% Stake in Prabhhans Industries
AI Summary
Satnam Singh, a promoter, has disclosed the sale of 15,48,277 equity shares, representing 24.78% of the total share capital, in Prabhhans Industries Limited. The transaction, valued at ₹6,24,82,400, was conducted off-market. Following the sale, Satnam Singh's holding in the company has reduced to 34,997 shares, accounting for 0.56% of the total share capital. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Satnam Singh sold 24.78% stake in Prabhhans Industries.
- Sale of 15,48,277 shares for ₹6.25 Crore.
- Post-sale, promoter holding reduced to 0.56%.
- Transaction was an off-market transfer.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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