Shareholding19 May 2026, 03:11 pm
Vikram Solar: Nilam Chaudhary Pledges 30 Lakh Shares
AI Summary
On May 19, 2026, Vikram Solar Ltd. received disclosure under SEBI Regulations 31(1) and 31(2) regarding the creation of encumbrance by Nilam Chaudhary, a member of the promoter group. Specifically, 30,00,000 equity shares were pledged on May 14, 2026, to JIO Credit Limited to avail finance. Post-event, Nilam Chaudhary holds 30,00,000 encumbered shares, representing 0.83% of the total share capital.
Key Highlights
- Nilam Chaudhary pledged 30,00,000 shares of Vikram Solar on May 14, 2026.
- The shares were pledged to JIO Credit Limited for availing finance.
- Post-pledge, Nilam Chaudhary's encumbered shares constitute 0.83% of total share capital.
- The disclosure was made under SEBI's Substantial Acquisition of Shares and Takeovers Regulations.
- Nilam Chaudhary's total promoter holding in Vikram Solar is 1.89%.
Price Impact
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