Promoter Satnam Singh Sells Equity Shares in Prabhhans Industries Limited

Promoter Satnam Singh Sells Equity Shares in Prabhhans Industries Limited

Promoter Satnam Singh Sells Equity Shares in Prabhhans Industries Limited​

Satnam Singh, a promoter of Prabhhans Industries Limited, has engaged in multiple transactions involving the sale of equity shares in the company. These transactions were executed through the open market and concern his existing holding in the listed entity.

The sales reported by Mr. Singh show changes in his stake relative to the company's capital structure.

Transaction Details Summarized​

Details pertaining to these disposals have been documented, showing how the sale impacted both the seller’s holding and the company's total voting capital.

First Reported Sale (23/07/2026):
The first reported transaction involved the sale of equity shares by Satnam Singh in Prabhhans Industries Limited on July 23, 2026. This sale accounted for 4,05,000 shares, representing 6.18% of the total diluted share/voting capital of the company at that time. Prior to this disposal, Mr. Singh held 19,03,180 shares, which constituted 30.46% of the share capital. Following the transaction, his holding remained at 19,03,180 shares (30.46%). The company’s total voting capital before the sale was recorded at Rs. 6.21 crore and after the sale it stood at Rs. 6.24 crore.

Second Reported Sale (21/07/2026):
A subsequent transaction, dated July 21, 2026, documented another disposal of equity shares by Satnam Singh in Prabhhans Industries Limited. In this instance, the sale included 3,19,906 shares, representing 5.12% of the total diluted share/voting capital. Prior to this second transaction, Mr. Singh held 19,03,180 shares (30.46%). Following the disposal, his holding was reported as 15,83,274 shares. The company's equity share capital remained constant at Rs. 6.24 crore, consisting of 62,48,240 Equity Shares of Face Value of Rs. 10/- each, before and after the sale.

A consolidated view of these transactions, covering the status of shares held by Satnam Singh prior to and subsequent to the disposals, is provided below:

ParameterShare Count (Before Sale)Percentage Holding (Before Sale)Shares SoldPercentage SoldTotal Voting Capital (After Sale)
Sale on 23/07/202619,03,18030.46%4,05,0006.18%62,48,240 shares (Rs. 6.24 crore)
Sale on 21/07/202619,03,18030.46%3,19,9065.12%62,48,240 shares (Rs. 6.24 crore)

The transactions were conducted through the open market for both sales.

Stock Price Movement​

Prabhhans Industries Ltd settled at ₹32.16 on Friday, gaining 4.59% and rising ₹1.41 per share. The shares saw movement throughout the day, trading between a low of ₹30.51 and a high of ₹32.25.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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