The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 04, 2025 for Ajay Kumar Bijli
PVRINOX · price
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Awaiting price reaction for this filing.
PVR Inox's promoter and Managing Director, Ajay Kumar Bijli, has disclosed the creation of a new pledge on 2,50,630 equity shares (about 0.26% of share capital) in favour of HSBC InvestDirect Financial Services (India) Limited, for personal borrowing purposes. After this pledge, his total encumbered shares rise to 25,44,000 shares, or 2.59% of the company's share capital, up from 2.34% earlier. His overall promoter holding stands at 54,47,205 shares, or 5.55% of the share capital. The pledge was created on October 31, 2025, and the disclosure was filed with the exchanges on November 4, 2025.
This is a relatively small incremental pledge by one promoter for personal borrowing, taking his pledged holding to 2.59% of share capital. The impact on the stock is limited, but investors should monitor if further pledging occurs, as rising promoter pledges can signal financial stress.