Shareholding25 Jul 2026, 06:21 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. This transaction reduces his holding from 36.94% to 30.46%. The sale was conducted via the open market on July 23, 2026. The disclosure is made as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total diluted share capital of the company before the sale was 62,48,240 equity shares of face value Rs. 10 each, and after the sale, it remains the same.
Key Highlights
- Satnam Singh sold 405,000 shares, a 6.18% stake.
- Holding reduced from 36.94% to 30.46%.
- Transaction occurred on July 23, 2026, via open market.
- Disclosure filed under SEBI Takeover Regulations.
- No change in total diluted share capital post-sale.
Price Impact
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