Shareholding27 Jul 2026, 12:14 pm
Satnam Singh Sells 6.18% Stake in Prabhhans Industries
AI Summary
Satnam Singh has disclosed the sale of 405,000 equity shares, representing 6.18% of the total share capital, in Prabhhans Industries Limited. The transaction, executed on July 23, 2026, reduces his holding from 36.94% to 30.46%. The sale was conducted via open market transactions. The face value of each share is ₹10. This disclosure is made as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Satnam Singh sold 405,000 shares of Prabhhans Industries.
- The stake sold amounts to 6.18% of the company's equity.
- Seller's holding reduced from 36.94% to 30.46%.
- Transaction occurred on July 23, 2026, via open market.
- Disclosure filed under SEBI Takeover Regulations.
Price Impact
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