The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 06, 2025 for Vineet Bajpai
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Awaiting price reaction for this filing.
Promoter Vineet Bajpai has released 3,33,500 pledged shares of Beryl Securities Ltd, representing 6.87% of the company's total share capital. Post-release, the promoter holds zero encumbered shares, down from a previous pledged holding of approximately 29.48% of his stake. The pledge was originally created as security for financial assistance from M/s Hindon Mercantile Limited. Vineet Bajpai continues to hold a 29.48% promoter stake in the company.
Positive for shareholders — the complete removal of pledged shares eliminates forced-sale risk and signals improved financial standing of the promoter, which may support sentiment on the stock.