
Regulatory9 May 2026, 02:00 pm
Viaan Industries: Promoter Disclosure Under SEBI Regulations
AI Summary
Viaan Industries Ltd (now Redmax Footwears Limited) has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31st, 2026. Hemant Jindal, a promoter of the company, declared that he has not made any encumbrance, directly or indirectly, on the shares held by him in the company during the financial year ended March 31st, 2026. The company was acquired through the Insolvency and Bankruptcy Code process and is presently in the revival stage.
Key Highlights
- Viaan Industries (Redmax Footwears) files disclosure under SEBI regulations.
- Disclosure pertains to substantial acquisition of shares and takeovers.
- Promoter Hemant Jindal confirms no encumbrance on shares during FY26.
- Company acquired through Insolvency and Bankruptcy Code process.
- The company is currently in the revival stage.
Price Impact
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