StockWatch
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Civil Construction
Shareholding14 Jul 2026, 10:20 am

Vishnu Prakash R Punglia Promoter Ajay Pungalia Encumbers 63 Lakh Shares

AI Summary

Vishnu Prakash R Punglia Limited has filed a revised disclosure regarding promoter Ajay Pungalia's shares. As of June 16, 2026, Ajay Pungalia has encumbered 63,00,000 shares, representing 5.06% of his total promoter holding. This encumbrance, a pledge created on June 9, 2026, was done to meet a margin shortfall. The total promoter holding reported is 66,50,000 shares, or 5.34% of the company's capital. The shares were pledged in favor of JM Financial Services Limited.

Key Highlights

  • Promoter Ajay Pungalia encumbered 5.06% of his stake.
  • 63,00,000 shares were pledged on June 9, 2026.
  • The encumbrance was to meet margin shortfall.
  • JM Financial Services is the entity in whose favor the pledge was made.
  • Total promoter holding stands at 5.34%.