The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 30, 2025 for Ajay Kumar Bijli
PVRINOX · price
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Ajay Kumar Bijli, Promoter & Managing Director of PVR Inox, has disclosed creation of a pledge on 4,00,444 equity shares (3,10,407 to Infina Finance and 90,037 to HSBC InvestDirect) for personal borrowing, dated 24th December 2025. His total encumbered shares have risen from 25,44,000 (2.59%) to 29,44,444 (3.00%) of the company's total share capital. His overall promoter holding stands at 54,47,205 shares, equivalent to 5.55% of the company. The disclosure was filed with the exchanges on 30th December 2025 under SEBI Takeover Regulations.
The pledge is for the promoter's personal borrowing and increases the encumbered portion of his holding only modestly to 3% of total share capital — a small change that is unlikely to materially affect shareholders or the stock price in the near term, though it signals the promoter is using shares as collateral for loans.