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HomeNewsBusinessMarketsPVR INOX Promoter Ajay Kumar Bijli Encumbers 3,26,000 Shares

PVR INOX Promoter Ajay Kumar Bijli Encumbers 3,26,000 Shares

PVR INOX Promoter Ajay Kumar Bijli Encumbers 3,26,000 Shares

September 12, 2025 / 17:19 IST
Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer

Ajay Kumar Bijli, a promoter of PVR INOX Limited, has encumbered 3,26,000 equity shares of the company, representing 0.33% of the total share capital. This information was disclosed on September 12, 2025, in accordance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The encumbrance, by way of pledge, was created on September 11, 2025, in favor of HSBC InvestDirect Financial Services (India) Limited. The reason for the encumbrance is to secure personal borrowing.

Prior to this event, Ajay Kumar Bijli held 54,47,205 shares, amounting to 5.55% of the total share capital, with 22,18,000 shares or 2.26% already encumbered. Following the creation of the pledge, the total number of encumbered shares now stands at 25,44,000, representing 2.59% of the total share capital.

Details of Encumbrance
ParticularsBefore EncumbranceAfter Encumbrance
Total Shares Held54,47,205 (5.55%)54,47,205 (5.55%)
Encumbered Shares22,18,000 (2.26%)25,44,000 (2.59%)

Ajay Kumar Bijli serves as the Promoter & Managing Director of PVR INOX Limited.

The encumbrance was created on September 11, 2025.

Alpha Desk
first published: Sep 12, 2025 05:18 pm

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