Virinchi Limited — Pledging, 02-04-2025: Pledge/Unpledge

P.K.I. Solutions Private Limited has pledged 400,000 equity shares in Virinchi Limited with Luharuka Media and Infra Ltd to cover a shortfall in security coverage. This transaction, effective from March 29, 2025, represents 0.39% of the total share capital of the company. The total promoter holding post-pledge stands at 3.83%, with the pledged shares amounting to 1.04% of the promoter's total shareholding. The loan of ₹2.5 crore is intended for personal use by the promoters. This development could signify a potential risk to investors, as pledging shares may indicate financial strain or liquidity issues within the promoter group.