StockWatch
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Speciality Retail
Shareholding5 May 2026, 10:19 am

V2 Retail: Ricon Commodities Pledges 33.5 Lakh Shares on March 30, 2026

AI Summary

Ricon Commodities Private Limited, part of the promoter group of V2 Retail Ltd, created a pledge of 33,50,000 equity shares (0.91% of total share capital) on March 30, 2026. This pledge serves as collateral for a loan taken by Ricon Commodities. The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Ricon Commodities Pvt Ltd pledged 33.5 lakh V2 Retail shares.
  • The pledge accounts for 0.91% of V2 Retail's total share capital.
  • The share pledge acts as collateral for a loan taken by Ricon Commodities.
  • Disclosure made under SEBI's Substantial Acquisition Regulations.
  • The promoter holding post event is 0.91% encumbered shares.