V2 Retail Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
V2RETAIL · price
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V2 Retail's promoter and promoter group filed their yearly disclosure under SEBI's Regulation 31(4) for the financial year ended 31 March 2025. The disclosure lists shareholdings of eight promoter-related entities totaling 1,87,60,764 shares, with the largest holder being Ricon Commodities Pvt. Ltd. at 1,28,62,710 shares, followed by Ram Chandra Agarwal (18,83,962 shares) and Akash Agarwal (16,38,779 shares). Promoter Ram Chandra Agarwal, on behalf of the promoter group and persons acting in concert, declared that no encumbrance (pledge, lien, or charge) has been created on any of these shares, directly or indirectly, as of 31 March 2025. The disclosure was submitted to BSE, NSE, and the company's audit committee on 3 April 2025.
This is a routine annual compliance filing and is largely neutral for shareholders. The key takeaway is the promoters' confirmation that none of their shares are pledged or encumbered, which removes a common overhang concern and signals financial stability within the promoter group.