The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for P K I Solutions Pvt Ltd
VIRINCHI · price
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Awaiting price reaction for this filing.
P.K.I. Solutions Private Limited, a member of the Virinchi promoter group, has filed a disclosure under SEBI Regulation 29(2) regarding the partial release of a pledge of 10,00,000 equity shares by M/s. Luharuka Media and Infra Ltd on June 20, 2025. The release was done off-market through the depository. As a result, P.K.I. Solutions' direct shareholding increased from 3,30,990 shares (0.32%) to 13,30,990 shares (1.30%), while encumbered shares fell from 36,00,000 (3.51%) to 26,00,000 (2.53%). Total holding remained unchanged at 39,30,990 shares (3.83%) of Virinchi Limited.
This is a positive signal as it reduces the pledged/encumbered portion of the promoter group's holding, lowering financial risk on those shares. The overall promoter group stake and voting power remain unchanged, so there is no dilution of promoter control.