VMS Industries Ltd — Important, 06-12-2025: Company Update
06-12-2025 | 10:34 am
06-12-2025 | 10:34 am
VMS Industries Limited's Managing Director and Promoter, Mr. Manoj Kumar Jain, has released 0.05 Cr equity shares from encumbrance with Bank of Baroda. These shares were pledged for various credit facilities. This action reduces his individual encumbered shares from 29.42 lakh shares (12.02%) to 24.42 lakh shares (9.98%) of the total share capital. For the overall promoter group, the total encumbered shares have decreased from 49.42 lakh shares (20.19%) to 44.42 lakh shares (18.15%). This reduction in pledged shares generally indicates improved financial health or reduced leverage, which can be viewed positively by investors.
No comments yet. Be the first to comment!
