NSEUpdates5d ago · 4 Nov 2026, 11:27 am
Updates
Vishnu Prakash R Punglia Limited · VPRPL
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Vishnu Prakash R Punglia Limited has informed the Exchange regarding 'Business update regarding MOU for proposed acquisition of N.K. Gupta Builders Private Limited'. The proposed acquisition is subject to satisfactory completion of due diligence, finalisation of definitive agreements and fulfilment of applicable regulatory and other customary conditions.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment6/10
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Full Announcement
Vishnu Prakash R Punglia Limited has informed the Exchange regarding 'Business update regarding MOU for proposed acquisition of N.K. Gupta Builders Private Limited'.
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VPRPL_04112026112533_Intimation.pdf
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VISHNU PRAKASH R PUNGLIA LIMITED
ENGINEER, CONTRACTOR & DESIGNER
An ISO 9001: 2015 Certified Company
November 04, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1,
21st Floor, Dalal Street, Fort, Block G, Bandra-Kurla Complex,
Mumbai – 400 001 Bandra (East), Mumbai – 400 051
BSE Scrip Code: 543974 NSE Scrip Symbol: VPRPL
Sub: Business Update
Dear Sir/Madam,
We are enclosing herewith a Business Update dated November 04, 2026 issued by Vishnu Prakash R
Punglia Limited.
Please note that while the enclosed disclosure will not qualify as “Material Information”, the Company is
making this disclosure voluntarily.
Thanking you,
For VISHNU PRAKASH R PUNGLIA LIMITED
Manohar Lal Punglia
Managing Director
DIN: 02161961
CIN: L45203MH2013PLC243252
Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan
Telephone: 0291-2434396, Email: accounts@vprp.co.in
Reg. Office – Unit No. 3, 5th Floor, B Wing, Trade Star Premises Co-Opeartive Society Limited, Village Kondivita,
Mathuradas Vasanji Road, Near Chakala Metro Station, Andheri (East), Mumbai 400059 Maharashtra
VISHNU PRAKASH R PUNGLIA LIMITED
ENGINEER, CONTRACTOR & DESIGNER
An ISO 9001: 2015 Certified Company
VISHNU PRAKASH R PUNGLIA LIMITED
BUSINESS UPDATE
We wish to inform you that Vishnu Prakash R Punglia Limited has entered into a Memorandum of
Understanding (MoU) with M/s. N.K. Gupta Builders Private Limited for the proposed acquisition of
the latter, subject to satisfactory completion of due diligence, finalisation of definitive agreements and
fulfilment of applicable regulatory and other customary conditions.
Further the acquisition is subject to the approval of lenders, Banks, Stock Exchanges, SEBI, Shareholders
and all other applicable regulatory approvals.
The proposed acquisition is being evaluated as part of the Company's strategic growth initiatives, with a
view to expanding its business capabilities, strengthening its execution capacity and broadening its
presence in the infrastructure and construction sector.
The Company has undertaken a preliminary assessment of the target company's financial position,
professional experience, organisational capabilities, availability of experienced technical and managerial
personnel and its existing registrations/enlistments with various government departments and agencies.
The credentials of N.K. Gupta Builders Private Limited, which are expected to provide potential
opportunities for business expansion, include the following:
1. Military Engineer Services (MES), Ministry of Defence:,
2. Central Public Works Department (CPWD):
3. Border Roads Organisation (BRO), Ministry of Defence:
4. Water and Power Consultancy Services (India) Limited (WAPCOS):
An additional strategic advantage of the proposed acquisition is the target company's presence and
operational capabilities in the strategically important region of Leh & Ladakh (Union Territory). The
region presents specialised infrastructure and construction opportunities owing to its unique geographical
terrain, extreme climatic conditions, high-altitude working requirements and challenging logistics. These
factors necessitate specialised technical expertise, experienced manpower and strong execution
capabilities, resulting in relatively limited competition and higher entry barriers for infrastructure
contractors. The proposed acquisition is expected to enable the Company to leverage the target company's
existing credentials, experience and regional capabilities to strengthen its presence in this specialised
market and explore opportunities in infrastructure development, building and road works and other
government projects in the region.
The proposed acquisition is expected to provide the Company with an opportunity to leverage the target
company's existing credentials, technical expertise and professional resources, thereby strengthening its
competitive positioning and enabling it to explore additional business opportunities, particularly in
government and infrastructure projects.
The proposed transaction is currently at an evaluation stage, and the Company shall make appropriate
disclosures to the Stock Exchanges regarding business developments in accordance with the applicable
provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
CIN: L45203MH2013PLC243252
Corporate office: B-31/32, Second Floor, Industrial Estate, New Power House Road, Jodhpur-342003, Rajasthan
Telephone: 0291-2434396, Email: accounts@vprp.co.in
Reg. Office – Unit No. 3, 5th Floor, B Wing, Trade Star Premises Co-Opeartive Society Limited, Village Kondivita,
Mathuradas Vasanji Road, Near Chakala Metro Station, Andheri (East), Mumbai 400059 Maharashtra