Announced Mon, 15 Jun · 10:31 IST
Promoter reports 1.38 cr shares pledged out of 1.65 cr total holding
VIVIDHA · price
▲ 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
-1.9%1-day move
₹0.53
prior close
₹0.52
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+1.9+3.8+3.8-1.9+0.0+1.9+3.8+0.0+1.9+0.0-1.9——
Up moveDown movePending
AI summary
Promoter and MD Tilokchand Kothari filed a yearly disclosure under SEBI Takeover Regulations for FY ending 31 March 2026. Promoters and promoter group collectively hold 1,64,88,533 equity shares in Visagar Polytex. Of these, 1,38,00,000 shares held by Kothari are pledged, meaning roughly 83.7% of promoter shares are encumbered. The declaration confirms no new encumbrances were created during the year beyond this existing pledge.
Likely market impact
Over 83% of promoter shares pledged signals heavy financial leverage. Any margin shortfall or pledge invocation could trigger sharp price impact or open offer risk.