The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Visa Infra Ltd
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VISA Infra Limited (formerly VISA Infrastructure Limited), a promoter entity of VISA Chrome Limited, has transferred its entire holding of 44,387,167 equity shares representing 30.45% of the total share capital to VISA Industries Limited. This transfer is pursuant to an NCLT order dated 21 April 2026 sanctioning a Scheme of Arrangement between VISA Infrastructure Limited and VISA Industries Limited. The certified copy of the order was received on 13 May 2026. After this transfer, VISA Infra Limited's holding in VISA Chrome Limited becomes zero, effectively removing them from the promoter shareholder base. The total share capital of VISA Chrome remains at Rs. 145.79 crore divided into 14.57 crore equity shares of Rs. 10 each.
This represents a complete exit of VISA Infra from the promoter holding of VISA Chrome. While the effective promoter holding may remain within the group via VISA Industries, this intra-group restructuring reduces one promoter's stake to zero and may trigger review of promoter group definitions.