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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Vijay Kothari, Promoter, Chairman and Managing Director of Viji Finance Limited, has filed a disclosure under SEBI Regulation 31(4) for the financial year ending March 31, 2026. The filing declares that he, along with persons acting in concert (PAC), holds 6,79,44,002 equity shares of the company as of March 31, 2026. Importantly, the disclosure states that no encumbrance (pledge) of shares was created, either directly or indirectly, during the entire financial year 2025-26. This is a mandatory periodic disclosure required from promoters of listed companies.
Positive signal for investors as the absence of any share pledge indicates the promoter has not leveraged their holding position, reducing risk of potential forced selling. This typically reflects promoter confidence in the company's fundamentals and strengthens investor confidence in management stability.