VISACHROMEBSEVISA Chrome LtdHighNegative
Announced Sat, 16 May · 18:59 IST

Disclosure under Regulation 30 of SEBI LODR.

Promoter Stake BuyOwnership Changes View source PDF

VISACHROME · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹47.68
prior close
₹47.49
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.6-4.6-1.1-4.2+0.5+5.5+7.8+5.0+9.4+6.1-5.8-9.8-14.8
Up moveDown movePending
AI summary

VISA Infrastructure Limited (VIFL) transferred 44,387,167 equity shares (30.45% of paid-up capital) to VISA Industries Limited (VIL). This was disclosed under Regulation 29(2) of SEBI SAST Regulations, 2011. As a result, VIL's holding in VISA Chrome Limited increased significantly from 31.96% (46,590,000 shares) to 62.40% (90,977,167 shares). VIL has now become the Holding Company of VISA Chrome Limited (formerly VISA Steel Limited). The transfer took effect from May 20, 2026.

Likely market impact

This consolidation of promoter holding above 62% strengthens control of the VISA Industries Group over VISA Chrome Limited. Existing minority shareholders should note that the promoter group's stake has nearly doubled, reducing public float.