VVIP Infratech Ltd — Important, 31-01-2026: Company Update
31-01-2026 | 04:26 pm
31-01-2026 | 04:26 pm
VVIP Infratech's promoter, Mr. Praveen Tyagi, has additionally pledged 4.43 lakh equity shares. This action was taken to cover a margin shortfall on an existing 15 Cr loan, originally secured by pledged shares for a subsidiary company. The shortfall arose due to a decline in the market value of the previously encumbered shares. Following this event, the total encumbered shares by the promoter now stand at 1.23 Cr, representing 9.28% of the company's total share capital and 13.55% of the promoter's overall holding.
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