Announced Thu, 2 Jul · 18:53 IST
Promoter pledges 31.58 lakh shares for subsidiary's Rs 50 cr loan
Ownership Changes View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹149.00
prior close
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base price
After-mkt
timing
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AI summary
Promoter Praveen Tyagi has created a fresh pledge of 31,58,000 shares (12.65% of capital) with CSL Finance Ltd as security for a Rs 50 crore business loan to subsidiary VVIP Realtech Pvt Ltd. Total encumbered shares now stand at 54,76,000 (21.93% of capital). Earlier pledges were 18.75 lakh shares in June 2025 and a 4.43 lakh top-up in Jan 2026 for margin cover. No change in ownership.
Likely market impact
Fresh pledge of 12.65% of capital for subsidiary loan. Total encumbered shares at 21.93% of capital. No ownership change.