VIJAY KOTHARI 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.
VIJIFIN · price
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Awaiting price reaction for this filing.
Vijay Kothari, Promoter, Chairman and Managing Director of Viji Finance Limited, has filed the annual declaration required under Regulation 31(4) of the SEBI Takeover Regulations for the financial year ending March 31, 2025. He confirmed that he and persons acting in concert hold 7,65,36,458 equity shares of the company as on March 31, 2025. Importantly, he declared that no encumbrance (pledge, lien, or similar charge) has been created on these shares, directly or indirectly, during the financial year. This is a routine annual compliance filing submitted to BSE, NSE, and Calcutta Stock Exchange.
This is a routine regulatory disclosure with no material impact on shareholders. The fact that the promoter has not pledged or encumbered shares signals that there is no immediate liquidity pressure or funding activity tied to the promoter's holdings, which is generally seen as neutral to mildly positive for share price stability.