The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 03, 2025 for Murali Krishna Jonnavittula
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Promoter Murali Krishna Jonnavittula has created a pledge on 3,00,000 equity shares (1.28% of total share capital) of Vedavaag Systems Limited on December 1, 2025, reported to the exchange on December 3, 2025. The pledge has been created in favour of Hindustan Agrigenetics Limited as security for a working capital loan taken by the company. After this pledge, the total encumbered promoter shares stand at 17,50,000 (7.46% of share capital), while his overall promoter holding remains at 45,98,712 shares (19.60%).
This is a routine disclosure showing the promoter pledging a small portion of his stake (1.28%) as collateral for a company-level working capital loan, not a personal financial stress signal. It marginally increases the pledged portion of promoter holdings to 7.46% of share capital, which is moderate and unlikely to materially impact share price or investor sentiment.