The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vistra ITCL (India) Ltd
INNOVACAP · price
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Vistra ITCL (India) Limited, acting as a Security/Debenture Trustee, has disclosed acquisition of 25,00,000 equity shares (4.37%) of Innova Captab Limited through pledge. The shares were pledged on March 11, 2026. Vistra ITCL previously held NIL shares and now holds 4.37% via this encumbrance. Importantly, Vistra ITCL clarified it is NOT part of the Promoter/Promoter group, and stated that the primary onus of SEBI SAST compliance lies with the lender and debenture holder, not the Trustee. This disclosure is filed out of abundant caution by the trustee.
This is a technical disclosure by a trustee, not a strategic stake purchase. The 4.37% holding via pledge is relatively small and involves a non-promoter entity, so direct impact on stock price is limited. However, it indicates promoters or significant shareholders have pledged shares as security, which could have future implications if the pledge is invoked.