Vishnu Prakash R Punglia CEO, MD, chairman, board of directors and AGM
NSE: VPRPLBSE: 543974ConstructionSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹25.39.
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹302 Cr1,842nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- −27.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- −13.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 1.03
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,33,01356.2% delivered
Vishnu Prakash R Punglia board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonVISHNU PRAKASH PUNGLIARelated to the promoter
- Managing directorMANOHAR LAL PUNGLIA
- Chief executiveSANJAY KUMAR PUNGLIA
- Company Secretary and Compliance OfficerMonica Purohit
11 directors6 independent5 executive
- VISHNU PRAKASH PUNGLIA · ChairpersonExecutive · joined May 2013 · reappointed Sep 2023 · 1 listed board
- MANOHAR LAL PUNGLIA · Managing directorExecutive · joined Aug 2015 · reappointed Mar 2026 · 1 listed board · 1 committee seat
- KAMAL KISHOR PUNGALIAExecutive · joined May 2013 · reappointed Sep 2023 · 1 listed board · 1 committee seat
- SANJAY KUMAR PUNGLIA · Chief executiveExecutive · joined Jul 2017 · reappointed Sep 2023 · 1 listed board
- AJAY PUNGALIAExecutive · joined May 2013 · reappointed Sep 2023 · 1 listed board
- NILIMA BHANSALIIndependent · joined Sep 2018 · reappointed Sep 2023 · 96 months as independent · 1 listed board · 1 as independent · 2 committee seats
- KRISHAN MURARI LAL MATHURIndependent · joined Apr 2019 · reappointed Apr 2024 · 89 months as independent · 1 listed board · 1 as independent · 1 committee seat
- UTTAM CHAND SINGHVIIndependent · joined Nov 2022 · reappointed Nov 2022 · 46 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RATAN LAHOTIIndependent · joined Nov 2022 · reappointed Nov 2022 · 46 months as independent · 1 listed board · 1 as independent
- SURENDRA SHARMAIndependent · joined Nov 2022 · reappointed Nov 2022 · 46 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- ANURAG LOHIYAIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Sep 20268 of 11 present5 independent · 22 days in between
- 13 Aug 20268 of 11 present6 independent · 43 days in between
- 30 Jun 20269 of 11 present4 independent · 30 days in between
- 30 May 202611 of 11 present6 independent · 28 days in between
1 earlier meeting
- 1 May 202610 of 11 present5 independent
Audit Committee
Chair UTTAM CHAND SINGHVI
SURENDRA SHARMA, KRISHAN MURARI LAL MATHUR, NILIMA BHANSALI
- 5 Sep 20263 of 4 present3 independent · 22 days in between
- 13 Aug 20264 of 4 present4 independent · 43 days in between
- 30 Jun 20263 of 4 present3 independent
- 30 May 20264 of 4 present4 independent
Nomination and remuneration committee
Chair NILIMA BHANSALI
ANURAG LOHIYA, KRISHAN MURARI LAL MATHUR
- 5 Sep 20262 of 3 present2 independent · 22 days in between
- 13 Aug 20263 of 3 present3 independent · 43 days in between
- 30 Jun 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair SURENDRA SHARMA
MANOHAR LAL PUNGLIA, KAMAL KISHOR PUNGALIA, NILIMA BHANSALI
No meeting listed in the filing.
Risk Management Committee
Chair AJAY PUNGALIA
MANOHAR LAL PUNGLIA, SURENDRA SHARMA, VINOD KUMAR PUNGLIYA, ANURAG LOHIYA
- 5 Sep 20264 of 5 present2 independent
Corporate Social Responsibility Committee
Chair AJAY PUNGALIA
MANOHAR LAL PUNGLIA, ANURAG LOHIYA
- 13 Aug 20262 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Banshi Jain & AssociatesPeer-review certificate valid to Mar 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Vishnu Prakash R Punglia AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vishnu Prakash R Punglia share news and announcements
Annual general meeting, 30 Sep 2026
1,20,300 shareholders on the register on 23 Sep 2026; present: 19 promoters and 57 others; votes counted by CS MAHESH SONI / GMJ & ASSOCIATES.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To appoint a director in place of Mr. Sanjay Kumar Punglia (02162102) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To appoint a director in place of Mr. Ajay Pungalia (DIN: 02162190) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To ratify the remuneration payable to Cost Auditors of the Company for the financial year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To approve the Payment of remuneration to Mr. Ajay Pungalia (DIN: 02162190) Whole-time Director in the event of absence or inadequacy of profits for the balance period of his tenure.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To approve the Payment of remuneration to Mr. Vishnu Prakash Punglia (DIN: 02162019)Whole time Director in the event of absence or inadequacy of profits for the balance period of his tenure.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To approve the Payment of remuneration to Mr. Kamal Kishor Pungalia (DIN: 02168426) Whole time Director in the event of absence or inadequacy of profits for the balance period of his tenure.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To approve the Payment of remuneration to Mr. Sanjay Kumar Punglia (DIN: 02162102) Whole-time Director in the event of absence or inadequacy of profits for the balance period of his tenureSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To approve the increase in Authorised Share Capital of the Company and subsequent Alteration of Capital Clause of the Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To approve the conversion of unsecured loan of Directors – Cum – Promoters into equity shares of the Company:SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
- To Issue Fully Convertible Warrants on a preferential basis to the persons belonging to “Non-Promoter- Public CategorySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 44.15% · promoters 100.00% · institutions 94.43% · other public 1.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Sep 2025, 10 resolutions
1,30,300 shareholders on the register on 23 Sep 2025; present: 14 promoters and 38 others; votes counted by CS MAHESH SONI / GMJ & ASSOCIATES.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
- To appoint a director in place of Mr. Manohar Lal Punglia (02161961), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
- To appoint a director in place of Mr. Kamal Kishor Pungalia (DIN: 02168426), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.63% · other public 0.10%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
- To ratify the remuneration payable to Cost Auditors of the Company for the financial year ending March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.27%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
- To appoint GMJ & Associates (GMJ), Company Secretaries as Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
- To approve remuneration of related party, Mr. Anil Punglia, holding office or place of profit.OrdinaryPromoters have an interest in it99.93% for0.07% against
Against: promoters 0.00% · institutions 0.63% · other public 0.36%
Turnout: all 39.80% · promoters 60.38% · institutions 75.49% · other public 0.38%
- To approve remuneration of related party, Mr. Vijay Punglia, holding office or place of profit.OrdinaryPromoters have an interest in it99.93% for0.07% against
Against: promoters 0.00% · institutions 0.63% · other public 0.36%
Turnout: all 36.86% · promoters 55.37% · institutions 75.49% · other public 0.38%
- To approve remuneration of related party, Mr. Naresh Kumar Pungliya, holding office or place of profit.OrdinaryPromoters have an interest in it99.93% for0.07% against
Against: promoters 0.00% · institutions 0.63% · other public 0.19%
Turnout: all 36.86% · promoters 55.37% · institutions 75.49% · other public 0.38%
- To retain Mr. Vishnu Prakash Punglia (DIN: 02162019), as Chairperson and Whole Time Director of the Company, as he will attain the age of 70 yearsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
- To re-appoint Mr. Manohar Lal Punglia (DIN: 02161961), as Managing Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 63.04% · promoters 100.00% · institutions 75.49% · other public 0.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Sep 2024, 6 resolutions
Present: 13 promoters and 35 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for thenFinancial Year ended March 31, 2024 together with the Reports of the Board of Directorsnand Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 73.01% · promoters 100.00% · institutions 0.00% · other public 18.79%
- To appoint a director in place of Mr. Ajay Pungalia (DIN: 02162190), who retires bynrotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 73.01% · promoters 100.00% · institutions 0.00% · other public 18.79%
- To appoint a director in place of Mr. Vishnu Prakash Punglia (DIN: 02162019), who retiresnby rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 73.01% · promoters 100.00% · institutions 0.00% · other public 18.79%
- To ratify the remuneration payable to Cost Auditors of the Company for the financialnyear ending March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 73.01% · promoters 100.00% · institutions 0.00% · other public 18.79%
- To appoint Mr. Anurag Lohiya (DIN: 09257950) as an Independent Director of thenCompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 73.01% · promoters 100.00% · institutions 0.00% · other public 18.79%
- Variation in the Objects Mentioned in the Prospectus dated August 30, 2023, fornUtilization of Issue ProceedsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 73.01% · promoters 100.00% · institutions 0.00% · other public 18.79%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 29 Sep 2025, 2 fund houses
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and Auditors thereon.2 for0 against
- To appoint a director in place of Mr. Manohar Lal Punglia (02161961), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To appoint a director in place of Mr. Kamal Kishor Pungalia (DIN: 02168426), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To ratify the remuneration payable to Cost Auditors of the Company for the financial year ending March 31, 20262 for0 against
- To appoint GMJ & Associates (GMJ), Company Secretaries as Secretarial Auditor of the Company.2 for0 against
- To approve remuneration of related party, Mr. Anil Punglia, holding office or place of profit.2 for0 against
- To approve remuneration of related party, Mr. Vijay Punglia, holding office or place of profit.2 for0 against
- To approve remuneration of related party, Mr. Naresh Kumar Pungliya, holding office or place of profit.2 for0 against
- To retain Mr. Vishnu Prakash Punglia (DIN: 02162019), as Chairperson and Whole Time Director of the Company, as he will attain the age of 70 years2 for0 against
- To re-appoint Mr. Manohar Lal Punglia (DIN: 02161961), as Managing Director of the Company2 for0 against
Mutual fund votes, meeting of 23 Sep 2024, 1 fund house
1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Reports of the Board of Directors and Auditors thereon. 2. To appoint a director in place of Mr. Ajay Pungalia (DIN: 02162190), who retires by rotation and being eligible, offers himself for re-appointment. 3. To appoint a director in place of Mr. Vishnu Prakash Punglia (DIN: 02162019), who retires by rotation and being eligible, offers himself for re-appointment. 4. To ratify the remuneration payable to Cost Auditors of the Company for the financial year ending March 31, 2025. 5. To appoint Mr. Anurag Lohiya (DIN: 09257950) as an Independent Director of the Company. 6. Variation in the Objects Mentioned in the Prospectus dated August 30, 2023, for Utilization of Issue Proceeds.MoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyDeputy Commissioner of Income Tax - TDSSince 19 Sep 2025
The Company has received an order under Section 271C of the Income Tax Act, 1961 from the office of the Deputy Commissioner of Income Tax - TDS, dated 18-09-2025. As per the order, the penalty imposed equals the shortfall in TDS deduction, which amounts to Rs. 1,85,260.
It was alleged that the Company had failed to deduct Tax Deducted at Source (TDS) on professional services, which were subject to TDS under Section 194J of the Income Tax Act, 1961. Accordingly, a Show Cause Notice was issued on 29.08.2025, providing an opportunity to the Company to explain why a penalty should not be imposed for failure to deduct tax at source under Section 194J.MoreLess
- Tax disputeDeputy Commissioner, State tax, GST departmentSince 5 May 2025Company has filed an appeal to appellate authorities and decision is pending.
At the filing before: Adjudication cum demand order issued for availing and utilising ineligible ITC (relating to IPO expenses) during the Financial Year 2023-24. Accordingly, notice under section 74 of Rajasthan GST Act, read with similar sections of CGST Act 2017, to pay the tax determined, which has not been paid, and/or the Input Tax Credit (ITC) determined, which has been wrongfully availed and utilized along with interest under section 50 the said Act and penalty under Section 74 of the said Act."MoreLess
- Tax disputeNorth Western RailwaySince 14 Jan 2026Company has filed the writ Petition and decision is pending.
At the filing before: The Company has received the termination notice from North western Railway. As per the said notice, the contract for the work of Jaipur- Sawai Madhopur Doubling Project stands rescinded and the balance work under this contract will be carried out independently without VPRPL's participation. The Company has resorted legal remedy by filing Writ petition along with stay application in Rajasthan High Court Jodhpur on 14-01-2026 requesting quashing the order of rescinding the contract and refrain department to encash the Bank GuaranteeMoreLess
- Tax disputeHigh Court of Judicature for Rajasthan JodhpurSince 14 May 2026Company has filed the writ Petition and decision is pending.
At the filing before: The Company has resorted legal remedy by filing Writ petition along with stay application in Rajasthan High Court Jodhpur requesting quashing the order of rescinding the contract and refrain department to encash the Bank Guarantee. Accordingly, the company has received an order refraining department to encash the Bank Guarantee till next hearing.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesSep 2023, checked by Crisil Ratings Limited | 308.61 | Funding capital expenditure requirements for the purchase of equipment/ machineries (Post Shareholders approval) | 44.31 | 44.31 | No |
| Public IssuesSep 2023, checked by Crisil Ratings Limited | 308.61 | Funding capital expenditure requirements for the purchase of equipment/ machineries (As approved by shareholders which are not mentioned in offer document) | 13.58 | 13.58 | No |
| Public IssuesSep 2023, checked by Crisil Ratings Limited | 308.61 | Repayment of term loans against the existing capital assets | 4.30 | 4.30 | No |
| Public IssuesSep 2023, checked by Crisil Ratings Limited | 308.61 | Funding the working capital requirements of Company | 150.00 | 150.00 | No |
| Public IssuesSep 2023, checked by Crisil Ratings Limited | 308.61 | General Corporate Purposes (GCP) | 67.45 | 67.45 | No |