Vama Industries Promoters Release Pledge on Equity Shares

Vama Industries Ltd. has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to the release of pledge on equity shares of the company held in the name of Vegesna Atchyuta Rama Raju and Parvathi Vegesna, the promoters of the company. The release of encumbrance involves 23.90% of the total shares, which amounts to 65,36,200 shares. The shares were previously encumbered with SBICAP Trustee Company Ltd (on behalf of SBI).