Vishnu Prakash R Punglia Ltd - 543974 - Court Order Regarding Bikaner Railway Station Project
Vishnu Prakash R Punglia received a High Court order staying the encashment of its Rs. 19.12 crore performance bank guarantee. This prevents an immediate financial impact related to a terminated railway upgradation contract in Bikaner.
May 14 2026 14:05:00
Vishnu Prakash R Punglia Ltd - 543974 - Intimation For Termination Notice
Vishnu Prakash R Punglia's contract for the upgradation of Bikaner Railway Station has been terminated by North Western Railway. This could result in a potential penalty of Rs.19.95 crore for the VPRPL-KSIPL JV. The company is initiating legal proceedings to challenge the termination and prevent forfeiture of bank guarantees.
May 13 2026 20:05:00
Vishnu Prakash R Punglia Limited
Vishnu Prakash R Punglia's joint venture received a termination notice from North Western Railway for the Bikaner Station upgrade contract. The company faces potential financial implications of INR 199.472 million, including forfeiture of performance guarantee and security deposit. The company has filed a writ petition in Rajasthan High Court against the termination.
May 13 2026 20:05:00
Vishnu Prakash R Punglia Ltd - 543974 - Board Meeting Outcome for The Board Of Directors Of The Company Approved Raising Funds Up To INR 300 Crores (INR Three Hundred Crores Only).
Vishnu Prakash R Punglia board approved raising funds up to ₹300 crore on May 1, 2026. The capital will be raised via equity shares and/or equity-linked instruments through preferential allotment, rights issue, warrants, or bonds, subject to shareholder and regulatory approvals.
May 01 2026 21:05:00
Vishnu Prakash R Punglia Limited
Vishnu Prakash R Punglia's Board of Directors approved raising funds up to INR 300 crores. This will be done through various methods including equity shares, equity-linked instruments, preferential allotment, rights issue, warrants, or bonds, subject to shareholder and regulatory approvals.
May 01 2026 21:05:00
Vishnu Prakash R Punglia Limited
Vishnu Prakash R Punglia's Board of Directors approved raising funds up to INR 300 crores. This will be done through various methods including equity shares, equity-linked instruments, preferential allotment, rights issue, warrants, or bonds, subject to shareholder and regulatory approvals.
May 01 2026 21:05:00
Vishnu Prakash R Punglia Limited
Vishnu Prakash R Punglia Limited board will meet on May 1, 2026, to consider fund raising. The meeting will address the various potential modes for capital infusion.
Apr 28 2026 18:04:00
Vishnu Prakash R Punglia Limited
Vishnu Prakash R Punglia board to meet on May 01, 2026, to consider raising funds through equity instruments. This could include rights issue, preferential allotment, warrants, or bonds to support future growth.
Apr 28 2026 18:04:00
Vishnu Prakash R Punglia Ltd - 543974 - Board Meeting Intimation for To Consider And Approve Raising Of Funds.
Vishnu Prakash Board is scheduled to meet on May 1, 2026, to consider various options for raising funds. The agenda includes issuing equity instruments through methods such as rights issue, preferential allotment, warrants, or bonds.
Apr 28 2026 18:04:00
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