Shareholding19 Sept 2026, 03:32 pm
Viceroy Hotels: Promoter Shareholding Drops to 74.03% Post Rights Issue
AI Summary
Viceroy Hotels Limited has filed a disclosure regarding a change in promoter shareholding following a Rights Issue. The promoter, Loko Hospitality Pvt Ltd, did not acquire or dispose of any shares. The reduction in promoter shareholding from 84.11% to 74.03% is a result of the allotment of 92,03,008 shares to public shareholders. This allotment was specifically to meet the minimum public shareholding requirements as per SEBI circular SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated 03-02-2023. The total number of shares held by Loko Hospitality Pvt Ltd remains unchanged at 5,68,42,105.
Key Highlights
- Promoter shareholding reduced to 74.03% from 84.11%.
- Reduction due to Rights Issue allotment to public shareholders.
- Loko Hospitality Pvt Ltd's share count remains constant.
- Rights Issue aimed to meet minimum public shareholding norms.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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