Richi Nikeshbhai Choksi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
VIVIANA · price
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Awaiting price reaction for this filing.
Richi Nikeshbhai Choksi, a promoter of Viviana Power Tech Limited, has filed the annual disclosure under SEBI's Takeover Regulations on behalf of the entire Promoter and Promoter Group. The promoter group holds 44,11,121 equity shares in the company. The key declaration is that no encumbrance (such as pledge, lien, or charge) was created, directly or indirectly, on these shares during the financial year ended 31st March 2025. The disclosure covers four persons: Nikesh Kishorchandra Choksi, Richi Nikeshbhai Choksi, Priyanka Richi Choksi (all promoters), and Ravindra Shrinivas Pagedar (promoter group). This is a routine yearly compliance filing required by SEBI.
This is a neutral disclosure for shareholders — it simply confirms that promoters did not pledge or encumber their shares in FY 2024-25, which removes any concern about forced selling risk from pledge invocation. No direct impact on stock price is expected.