The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Assets Care & Reconstruction Enterprise Ltd

Pledge ReleasedPledge Above 50pctOwnership 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

+10.2%1-day move

₹50.55

prior close

₹53.07

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+10.2+4.5-0.7-5.7-9.9-0.5+7.6-19.3-18.9—

Up moveDown movePending

AI summary

ACRE, an Asset Reconstruction Company, has become the sole secured lender of VISA Chrome Limited after acquiring loans from various lenders. The original pledge of 23,787,833 equity shares (16.3% of share capital) held by VISA International Limited in favour of State Bank of India (as security trustee) has been released and recreated in favour of ACRE on May 7, 2026. This transfer of pledge was required under the assignment agreements and debt resolution approved by ACRE. ACRE acts as trustee for multiple ACRE trusts and holds 100% of the secured debt of VISA Chrome.

Likely market impact

This reflects debt restructuring of VISA Chrome, with an ARC taking control of the pledged collateral. It signals financial stress at the company and gives ACRE significant leverage over the pledged shares, but does not directly affect stock price since no equity was acquired.