The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 06, 2025 for Viney Corporation Ltd
URAVIDEF · price
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Viney Corporation Ltd, a promoter of Uravi Defence and Technology Ltd, has released the pledge on 13,71,600 shares (12.07% of total share capital) that were earlier provided as security to IndusInd Bank Ltd. The release was effected on 26 September 2025 and disclosed on 6 October 2025. After this release, the promoter holds 16,26,102 shares (14.31% of the company), but now has zero encumbered shares. This is a full release of the earlier pledged holding, removing the security interest held by IndusInd Bank.
Positive signal for shareholders — the promoter has freed up pledged shares, reducing the risk of any forced selling and improving the promoter's unencumbered holding. This may improve confidence in the stock as no promoter shares remain under pledge.