Shareholding1 Jul 2026, 03:10 pm
Satnam Singh Sells Stake in Prabhhans Industries Ltd
AI Summary
Satnam Singh has disclosed a significant sale of shares in Prabhhans Industries Limited. Prior to the sale, the seller held 28,06,183 shares, representing 44.91% of the total voting rights. After the transaction, the holding has reduced to 24,81,080 shares, accounting for 39.71% of the voting capital. The sale involved 62,48,240 equity shares of face value Rs. 1 each, for a total consideration of Rs. 6,24,82,400. This transaction falls under SEBI's substantial acquisition and takeover regulations.
Key Highlights
- Satnam Singh sold a portion of his stake in Prabhhans Industries.
- Seller's holding decreased from 44.91% to 39.71%.
- Transaction value amounts to ₹6,24,82,400.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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