Disclosure under Regulation 30 of SEBI LODR.
VISACHROME · price
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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.
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.