VVIP Infratech Ltd — Updates, 02-06-2025: Company Update

VVIP Infratech’s promoter Mr. Praveen Tyagi has created a pledge on 18.75 lakh shares, representing 7.5% of the company’s total share capital, with CSL Finance Ltd. This pledge backs a ₹15 Cr loan raised to fund projects of the company’s subsidiary, Vibhor Vaibhav Infrahome Pvt. Ltd. The asset cover is valued at ₹35 Cr, providing a 2.3x security cover. This move indicates promoter commitment to financing group expansions and may impact share liquidity until the loan is repaid.