Vishnusurya Projects and Infra Limited — Pledging, 29-12-2025: Pledge/Unpledge

Vishnusurya Projects' promoter, Bhavani Jayaprakash, has disclosed agreements for significant future share pledging and unpledging. Currently, 37.58 lakh shares (25.13% of promoter holding, or 15.27% of total share capital) are encumbered.

Under the new agreements:

* Approximately 65.93 lakh shares will be pledged across multiple transactions with Gocapital Finance Limited and ICICI Bank Limited.

* Around 4.35 lakh shares will be unpledged, effectively offsetting one of the new pledges.

The net effect is an expected increase of about 61.58 lakh shares in the promoter's encumbered holdings. This would raise the total pledged shares to roughly 99.16 lakh, representing about 66.32% of the promoter's total shareholding and 40.29% of the company's total share capital.

These pledges, totaling over Rs 125 Cr (for transactions where amounts are specified), are primarily to secure borrowings for Vishnusurya Projects itself, its subsidiary, and a group company, along with funds for other general loan requirements.