Visa Steel Limited has informed regarding Disclosure of material issue

Promoter Stake Sell 1pctOwnership 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 total paid-up capital) to VISA Industries Limited (VIL) as per disclosure under SEBI SAST Regulations. Following this intra-promoter group transfer, VIL's holding increased 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 was disclosed pursuant to Regulation 29(2) of SEBI SAST Regulations 2011 dated May 15, 2026.

Likely market impact

This is an intra-promoter group consolidation of shareholding with no change in ultimate beneficial ownership. VIL crossing 62.40% strengthens promoter control over the company.