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News Topical, Digital Desk : Investors have suffered huge losses in the stock of infra development company Vishnu Prakash R Punglia Limited (VPRPL), which is included in the BSE Smallcap Index, and the stock has reached its lowest level of the year this week. The stock has been among the biggest losers of the year. The stock has fallen by 81 percent in one year. In the last few months, the promoters of the company sold their shares, after which concerns increased among the investors. After the stock continued to fall and investors expressed their concerns, today on Saturday, January 10, the company clarified on the move of selling shares and tried to show that all is well. In a letter to shareholders, which has also been sent to the stock exchanges, the company's Managing Director stated that the company is preparing a response to address investors' concerns regarding the change in the promoters' equity holdings. The Managing Director stated that they would first like to inform that on October 3, 2025, the promoters and some members of the promoter group sold 9.15% of their equity. Following this, further partial sales have recently occurred, bringing the total amount of the promoters and promoter group to 19.18%. The company would like to clarify that the promoters have reinvested the entire proceeds of this sale, approximately ₹200 crore, back into the company as an interest-free loan. The company stated that this move reflects the promoters' confidence and is intended to enhance the company's liquidity, strengthen its balance sheet, and support its long-term growth plans. Management also assured that the promoters and promoter group remain fully committed to the company's long-term strategy, corporate governance, and growth plans and are actively engaged in the company's operations. VPRPL stated that its order book remains strong, indicating positive future earnings, and that the company will maintain its focus on timely project completion, operational efficiency, and financial discipline.
The stock has been a significant loss-making asset for investors. Currently, it trades near the 50 level, and this week, it hit a year-long low of 49.1. Exactly a year ago, the stock was near the 280 level, representing a decline of over 80% in just one year.
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