VPRPL Stock Plummets 80% in a Year: Promoters Clarify Stake Sale, Reinvest ₹200 Crore

• Vishnu Prakash R Punglia Limited (VPRPL) stock has fallen by 81% in one year, hitting an annual low of ₹49.1 this week.
• Promoters and the promoter group sold a total of 19.18% equity, raising investor concerns.
• The company clarified that the ₹200 crore from the stake sale was reinvested as an interest-free loan to enhance liquidity and strengthen the balance sheet.
• Management assured full commitment to long-term strategy, corporate governance, and growth plans.
• VPRPL highlighted a strong order book and focus on timely project completion and financial discipline.

Why It Matters: VPRPL promoters clarify stake sale, reinvest ₹200 crore as interest-free loan to boost company's financials.