Pledge/Unpledge

P.K.I.

Solutions Private Limited has pledged 400,000 equity shares in Virinchi Limited with Luharuka Media and Infra Ltd to cover a shortfall in security coverage.

This transaction, effective from March 29, 2025, represents 0.39% of the total share capital of the company.

The total promoter holding post-pledge stands at 3.83%, with the pledged shares amounting to 1.04% of the promoter's total shareholding.

The loan of ₹2.5 crore is intended for personal use by the promoters.

This development could signify a potential risk to investors, as pledging shares may indicate financial strain or liquidity issues within the promoter group.